MikeLigalig.com

ExxonMobil to Expand High-Performance Synthetic Lubricants Capacity in Louisiana

Dateline City: 
   
           
                    BATON ROUGE, La.        
       


   
           
                   
         New facilities to include synthetic base stocks manufacturing and          finished lube blending and packaging      
         More than $200 million investment to meet expected growth in          product demand      
         Project will create construction and full-time jobs      

       
       

BATON ROUGE, La.--(BUSINESS WIRE)--ExxonMobil
      is investing more than $200 million to expand its Baton Rouge chemical
      and lubricants plants to increase capacity for synthetic lubricant base
      stocks manufacturing and lubricants blending, packaging and storage.
   
   
      The expansion will increase ExxonMobil?s worldwide capacity of synthetic
      esters and alkylated naphthalene by more than 25 percent to meet the
      demand for high-performance lubricants made with these advanced
      products. The project will include construction of a state-of-the-art
      blending center for synthetic aviation oil at ExxonMobil?s lubricant
      blending plant in Port Allen, La.
   
   
      "ExxonMobil continues to invest in its operations in Louisiana,? said
      Paul Stratford, manager of the Baton Rouge chemical plant. ?Over the
      past three years, the corporation?s capital expenditures in the state
      exceeded $930 million. These investments help create jobs and contribute
      to the economic growth of the state and the region.?
   
   
      Construction is expected to begin in late 2012. The project will create
      more than 400 direct construction jobs and the facilities will provide
      45 new full-time local jobs when production begins in 2014.
   
   
      This expansion project will make ExxonMobil?s Baton Rouge chemical plant
      the world?s largest producer of synthetic esters and alkylated
      naphthalene, which are used by producers and marketers of a wide variety
      of finished lubricants that include vehicle motor oils, gear oils and
      greases, as well as specialized lubricants for aviation, marine and
      industrial applications.
   
   
      The new facilities in Baton Rouge will replace ExxonMobil?s existing
      base stock manufacturing and aviation lubricants blending, packaging and
      storage operations in Edison, New Jersey, which will continue production
      until the new facilities in Louisiana begin operation.
   
   
      ?The new aviation lubricants blending center reflects our continuing
      commitment to safe and reliable supply of aviation and other lubricant
      products,? said Julius Bedford, manager of ExxonMobil?s lubricant
      blending plant in Port Allen, La. The 8.3-acre facility will manufacture
      more than 145 lubricant products and have an annual throughput of more
      than 90 million gallons.
   
   
      The expansion, coupled with the new metallocene polyalpholefins plant
      under construction at ExxonMobil?s chemical complex in Baytown, Texas,
      positions the company to meet long-term demand growth for
      high-performance lubricants which deliver greater energy efficiency,
      improved durability and extended drain intervals.
   
   
      ExxonMobil operates 32 facilities in Louisiana with an annual payroll of
      more than $400 million. The company?s presence in the state includes
      more than 11,000 employees, retirees and contractors. ExxonMobil is one
      of Louisiana?s largest taxpayers, paying more than $116 million in
      annual state and local taxes. The company also provided more than $6
      million in contributions to charitable and civic organization in
      Louisiana last year.
   
   
      More on ExxonMobil Chemical synthetic esters:
      Esterex? esters add enhanced lubricating properties along with low
      volatility and good solubility characteristics to engine and industrial
      lubricant applications; Synesstic? AN (Alkylated Naphthalene)
      blendstocks are outstanding base fluids and blendstocks for lubricants
      in a variety of automotive and industrial applications. Lubricants
      formulated with Synesstic AN can be more stable and higher performing.
   
   
      More information about ExxonMobil?s Baton Rouge Chemical Plant is
      available at this link: http://www.exxonmobil.com/NA-English/PA/about_where_ref_br_chemical.aspx.
   
   
      More information about ExxonMobil?s Port Allen Lubricants Plant is
      available at this link: http://www.exxonmobil.com/NA-English/PA/about_where_ref_br_portallen.aspx.
   
   
      About ExxonMobil
   
   
      ExxonMobil,
      the largest publicly traded international oil and gas company, uses
      technology and innovation to help meet the world?s growing energy needs.
      ExxonMobil holds an industry-leading inventory of resources, is the
      largest refiner and marketer of petroleum products, and its chemical
      company is one of the largest in the world. Follow ExxonMobil on Twitter
      at www.twitter.com/exxonmobil.
   
   
   
 
      Language: 
   
           
                    English        
       


      Contact HTML: 
   
           
                                              Baton Rouge, 225-977-8393orHouston, 281-870-6607                
       


      Ticker Slug: 
   
           
                          Ticker:    XOM        Exchange:    NYSE

Source: ExxonMobil to Expand High-Performance Synthetic Lubricants Capacity in Louisiana

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=67019.0