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This Company to Expand Its Oil Refinery in Singapore

This Company to Expand Its Oil Refinery in Singapore
ExxonMobil in Singapore © BusinessWire

Oil giant ExxonMobil announced yesterday that it is expanding its Singapore refinery to increase the production of base oil, which is used to manufacture lubricants.

Construction is expected to start in the second quarter of this year, and is to be completed in 2019.

ExxonMobil said the expansion will strengthen the global supply of its EHC Group II base stocks - used to maximise performance of major automotive engine oil grades and finished lubricants used in multiple industries - as well as improve the facility's competitiveness.

"Our new investment in Group II base stocks will enable our customers to blend lubricants that satisfy more stringent specifications, help reduce emissions and improve fuel economy and low-temperature performance," said Mr Ted Walko, global base stock and specialities marketing manager.

ExxonMobil's Singapore refinery will be expanded to increase production of Group II base stocks and strengthen its global supply. Image: EXXONMOBIL
ExxonMobil's Singapore refinery will be expanded to increase production of Group II base stocks and strengthen its global supply. Image: EXXONMOBIL

 

The group said work continues on a previously announced co-generation project at the refinery, which is expected to be completed by the end of this year.

Mr Damian Chan, executive director of energy and chemicals at the Economic Development Board, said ExxonMobil's expansion reflects Singapore's importance as a base in Asia to help companies capture opportunities in the region.

"Singapore is committed to supporting the enhancement and upgrading of existing refineries as a strong foundational base will allow for long-term sustainable growth of the energy and chemicals sector."


Source : The Straits Times

Indah Gilang Pusparani

Indah is a researcher at Badan Perencanaan Pembangunan Penelitian dan Pengembangan Daerah Kota Cirebon (Regional Development Planning and Research Agency of Cirebon Municipality). She covers More international relations, tourism, and startups in Southeast Asia region and beyond. Indah graduated from MSc Development Administration and Planning from University College London, United Kingdom in 2015. She finished bachelor degree from International Relations from University of Indonesia in 2014, with two exchange programs in Political Science at National University of Singapore and New Media in Journalism at Ball State University, USA. She was awarded Diplomacy Award at Harvard World Model United Nations and named as Indonesian Gifted Researcher by Australian National University. She is Researcher at Regional Planning Board in Cirebon, West Java. She previously worked as Editor in Bening Communication, the Commonwealth Parliament Association UK, and diplomacy consulting firm Best Delegate LLC in USA. Less
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