ExxonMobil to Expand Rotterdam Hydrocracker to Produce Higher-Value Products
29 Octobre 2015 - 6:00AM
Business Wire
- Expansion will produce EHCTM Group II
base stocks and ultra-low sulfur diesel
- Investment builds on recent Baytown and
Singapore projects providing global EHC Group II availability
- Project underscores ExxonMobil’s
disciplined approach to investing at advantaged refineries
ExxonMobil will expand the hydrocracker unit at its Rotterdam
refinery to upgrade heavier byproducts into cleaner, higher-value
finished products, including EHCTM Group II base stocks and
ultra-low sulfur diesel, to meet growing global market demand.
The refinery, operated by Esso Nederland BV, will use
ExxonMobil’s proprietary hydrocracking technology and be the first
to produce EHC Group II base stocks in Europe. Base stocks are the
primary ingredients used in the production of high-quality
lubricating oils and greases. Group II base stocks are higher in
performance, resulting in advantages in many lubricant and process
oil applications.
“This investment demonstrates ExxonMobil’s long-term view and
disciplined investment approach,” said Jerry Wascom, president of
ExxonMobil Refining & Supply Company. “Despite a challenging
industry environment, we are committed to our long-term strategy of
investing in projects in advantaged locations where we can continue
to increase competitiveness and profitability.”
ExxonMobil’s Rotterdam refinery, one of the most energy
efficient in Europe, plays a key role in the region and marketplace
as a manufacturer of low-sulfur petroleum products and chemical
feedstocks. Following the expansion, the hydrocracking process will
use proprietary catalysts applied in a unique refinery process
configuration to efficiently produce both high-quality base stocks
and ultra-low sulfur diesel.
The base stocks that will be produced at Rotterdam are designed
to help lubricant blenders achieve greater formulation flexibility
and simplify global qualification testing. ExxonMobil’s EHC
product line will enable customers to cost-effectively blend a
broad range of finished lubricants to meet evolving industry
requirements.
“This investment underscores our commitment to provide
high-quality base stocks in Europe and follows previously announced
expansions at ExxonMobil’s Baytown, Texas and Jurong Singapore
refineries this past year,” said Loic Vivier, vice president of
Wholesale & Specialties for ExxonMobil Fuels &
Lubricants. “Combined with ExxonMobil’s existing manufacturing
capabilities, this project will enable us to offer a global EHC
Group II base stocks product offering to meet current and future
customer needs.”
The Rotterdam hydrocracker project, coupled with the refinery’s
advantageous location in an integrated petrochemical cluster, will
strengthen the refinery’s position as a leader in the global
refining industry.
The project’s environmental impact assessment has been approved
and the site-permitting process is being finalized. Permits are
expected in early 2016. Pending receipt of permits, construction is
scheduled to begin in 2016 and unit startup is targeted for
2018.
About ExxonMobil Refining & Supply
ExxonMobil Refining & Supply and its stewarded affiliates
operate a global network of reliable and efficient manufacturing
plants, transportation systems and distribution centers that
provide a range of fuels, lubricants and other high-value products
and feedstocks to our customers around the world.
About ExxonMobil Basestocks
ExxonMobil is one of the world’s largest suppliers of base
stocks and leading licensors of base stock technology and produces
Group I, Group II/II+ and synthetic base stocks at strategically
located refineries around the world. ExxonMobil’s base stocks are
designed to provide enhanced performance capabilities in
applications ranging from engine oils to industrial lubricants.
ExxonMobil’s CORE Group I and EHCTM Group II slates meet more than
90 percent of the industry’s base stock needs and offer broader
blend coverage and the potential to reduce supply chain complexity
while meeting evolving industry requirements. For more information,
visit: www.exxonmobil.com/basestocks
About ExxonMobil Rotterdam Refinery
ExxonMobil’s modern Rotterdam refinery has a daily throughput of
190,000 barrels and plays a key role in the region and marketplace
as a manufacturer of low-sulfur petroleum products and feedstocks
for the chemical industry. The refinery was built in the late 1950s
and was the largest ever foreign investment at that time. A 1980s
Flexicoker investment was the largest ever industrial investment in
the Netherlands at that time.
About ExxonMobil in the Netherlands
ExxonMobil’s presence in the Netherlands dates back to 1891,
making it the country’s oldest oil and gas company. ExxonMobil is
also the oldest U.S. industrial company in the Netherlands.
ExxonMobil now has several manufacturing sites in the Rotterdam
area, including a refinery, a lubes plant and four petrochemical
plants. Its Esso fuels are sold to branded wholesalers and
resellers. For more information visit www.exxonmobil.nl or follow
us on Twitter www.twitter.com/exxonmobil_nl.
CAUTIONARY STATEMENT: Statements of future events or
conditions in this release are forward-looking
statements. Actual future results, including project plans,
schedules, costs, and capacities and future market positioning
could differ materially due to changes in market conditions
affecting the oil and gas industry or long-term price levels for
oil, gas and refined products; political or regulatory
developments, including the granting of required permits and any
changes in environmental laws; the occurrence and duration of
economic recessions; the actions of competitors; technical or
operating factors; and other factors discussed under the heading
"Factors Affecting Future Results" in the Investor Information
section of our website (www.exxonmobil.com) and in Item 1A of our
most recent Form 10-K. The term "project" as used in this
release does not necessarily have the same meaning as under any
government payment transparency reporting rules.
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