Linus Unah – Fourth Estate Contributor
London, United Kingdom (4E) – ExxonMobil Corp. Thursday announced the expansion of its massive Singapore refinery to support the production of base oil used in manufacturing lubricants.
Exxon, which owns the largest refinery in Singapore, said in a news release that the expansion would strengthen the global supply of these products and “enhance the Singapore facility’s competitiveness.”
Construction is expected to begin during the second quarter of 2017, with completion anticipated in 2019.
Ted Walko , global basestock and specialties marketing manager of Exxon, said: “This project, combined with the company’s construction of a hydrocracker unit currently under way in Rotterdam, demonstrates ExxonMobil’s commitment to delivering value to our customers through industry-leading, globally consistent base stock quality and supply reliability.”
The expansion project represents the latest in a series of recent ExxonMobil investments in base stock production, including a previous expansion of capacity at the Singapore refinery in 2014.
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