At a glance: Plant engineering projects from across the globe. (weerapong–stock.adobe.com)
Plant Watch

Top 10 Engineering Projects of January 2022

PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of January 2022’ from all over the world. Right from the development of Europe’s most sustainable cracker to Linde starting up the world’s first plant for extracting hydrogen from natural gas pipelines and Microsoft investing 50-million-dollars for building the world’s first alcohol-to-jet SAF plant, find out all the projects making headlines here.

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ExxonMobil is on track to exceed 6 billion dollars in structural cost savings by 2023, compared to 2019, driven by savings from the new business structure and measures such as centralizing procurement, digital transformation of processes, and right-sizing programs that were announced in 2020. (Deposit Photos )
Streamlining Business Structure

Exxon Mobil to Save 6-Billion-Dollars in Structural Costs by 2023

Exxon Mobil has plans to transform its business structure by combining its chemical and downstream companies and centralizing technology and engineering, and other support services. Under the new streamlined structure, the company will be organized along three business lines – Upstream Company, Product Solutions and Low Carbon Solutions which will help the firm to enhance integration, grow value and reduce costs.

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