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ExxonMobil Announces New Projects to Expand Specialty Hydrocarbon Fluid Production

Sept. 24, 2014--HOUSTON--(BUSINESS WIRE)-- ExxonMobil Chemical is increasing production of its high 
performance hydrocarbon fluids by about 10 percent through expansion projects at its Singapore and Antwerp 
facilities. The additional capacity, designed to meet rapidly expanding global demand for hydrocarbon fluids and 
extend the company's worldwide supply capability, will begin producing by mid-2015 and be complete in 2016.

"The investments in new capacity at our Singapore and Antwerp facilities demonstrate ExxonMobil's commitment to 
meet evolving customer needs," said Elissa Sterry, vice president of intermediates products, ExxonMobil Chemical 
Company. "Our fluids are tailored to meet specific end-use requirements, providing customers with a competitive 
advantage. As a fully integrated company, access to our own feedstocks reinforces supply security for our customers."

ExxonMobil Chemical is the leading producer of hydrocarbon fluids specifically formulated for resource extraction, 
industrial processing and a wide range of consumer applications. The company's portfolio of fluids includes ultra-low 
aromatic grades that deliver the highest performance standards while complying with stringent environmental and 
regulatory requirements.

"ExxonMobil's specialty products, such as our Escaid™fluids, improve performance and safety in extended-reach 
drilling and solvent extraction processes for mining applications," said Declan Dixon, ExxonMobil fluids marketing 
manager. "Our Exxsol™fluids, with extremely-low aromatic content and low odor, are effectively and efficiently replacing 
traditional industrial and consumer solvents."

The expansion projects, which upgrade refining streams into specialty chemical products, are in progress and build on 
other recently announced large investment projects in the company's Singapore and Antwerp facilities.

Singapore is ExxonMobil's largest integrated refining and chemical manufacturing site. The company has expanded 
production in Singapore to meet expected demand across the Asia Pacific region.

ExxonMobil's capacity expansion in Antwerp is among other investments totaling more than $2 billion over the last 
decade at the facility. The expanded hydrocarbon fluids unit will further strengthen ExxonMobil's integrated downstream 
and chemical portfolio in northwest Europe to better compete in the global industry environment.

Hydrocarbon fluids, including specialty brands and unique products tailored for specific applications, are available in a 
variety of distillation ranges and evaporation rates. They are well suited as solvents, dispersants and carriers for many 
applications. The ExxonMobil Chemical portfolio of high-value hydrocarbon fluids include the Exxsol™ D, Escaid™, 
Isopar™, Somentor™ and Solvesso™ brands.



Source: http://www.nasdaq.com/press-release/exxonmobil-announces-new-projects-to-expand-specialty-hydrocarbon-fluid-
production-20140924-00959

 

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