BREAKING NEWS, Oil & Gas
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ExxonMobil is expanding its operations in Jurong, Singapore, to start producing its flagship synthetic engine oil in a facility that will be completed in 2017
ExxonMobil is expanding its operations in Jurong, Singapore, to produce synthetic lubricants, including Mobil 1, the company’s flagship synthetic engine oil. The expansion will further strengthen the company’s manufacturing capabilities and ability to meet the growing demand for ExxonMobil synthetic products in the Asia Pacific region.
When completed in the second half of 2017, the facility will be the only plant in the Asia Pacific producing Mobil 1, the world’s leading synthetic motor oil. The facility will be one of five locations where Mobil 1 is produced. Bennett Hansen, sales director, ExxonMobil Asia Pacific lubricant, said Mobil 1 is ExxonMobil’s most advanced synthetic engine oil.
“Adding Singapore to our network of Mobil 1 manufacturing facilities will ensure customers’ needs are met well into the future. The new Singapore facility will employ innovative manufacturing technologies, demonstrating the company’s commitment to bringing premium products and technology to the market,” he said.
The lubricant plant, strategically located next to ExxonMobil’s manufacturing site in Jurong, adds to the company’s increasing lubricants and specialties production capabilities in Singapore. The company, which has operated in Singapore for more than a century, has continued to grow its integrated refining and petrochemicals manufacturing site. The new production facility is in addition to the company’s recently announced grease manufacturing investment.
Damian Chan, executive director, Singapore Economic Development Board for energy and chemicals, said ExxonMobil’s new synthetic lubricants plant would create yet another competitive advantage for the company and it would complement the existing lubricant additives industry here. “This investment reflects the industry’s push toward higher value-added manufacturing operations to meet growing middle-class demand for more sophisticated products in Asia.”
Also, Gan Seow Kee, chairman and managing director, ExxonMobil Asia Pacific, said the decision illustrates ExxonMobil’s continued confidence in Singapore and the Asia-Pacific economy. “Both the synthetic lubricants and grease investments underscore the company’s ongoing commitment to disciplined long-term investments that improve our competitiveness and bring value to the country.”
According to a recently completed analysis by Kline & Company, Asia-Pacific demand for passenger car synthetic engine oil is expected to grow more than eight percent between 2014 and 2024. Globally, more and more vehicle manufacturers are choosing synthetic oil for their vehicles. Currently, more than 35 vehicle models including those produced by Porsche, Mercedes AMG and General Motors, roll off the factory line featuring Mobil 1.
Mobil 1 is the world’s leading synthetic motor oil brand, and it features anti-wear technology that provides performance beyond conventional motor oils. This technology allows Mobil 1 to meet or exceed the toughest standards of car builders and to provide exceptional protection against engine wear, under normal or even some of the most extreme conditions. Mobil 1 flows quickly in extreme temperatures to protect critical engine parts and is designed to maximize engine performance and help extend engine life.
ExxonMobil is one of Singapore’s largest foreign manufacturing investors. The Singapore affiliate, ExxonMobil Asia Pacific Pte Ltd, EMAPPL, owns and operates the Singapore refinery, which is integrated with the Singapore chemical plant. Together, they form ExxonMobil’s largest integrated manufacturing site. EMAPPL has an extensive network of service stations under the Esso brand in Singapore and is a supplier of cylinder cooking gas. It also serves the commercial market with its industrial, aviation and marine fuels and lubricants.
As a corporation, ExxonMobil is committed to addressing the challenge of sustainability, balancing economic growth, social development and environmental protection. In line with those strategies, ExxonMobil and EMAPPL contribute to programmes in Singapore that support the arts and education, the community and the environment.
— Sep 28, 2015 @ 01:00 GMT
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