ExxonMobil lifts some US base oil allocations
05 November 2008 20:36 [Source: ICIS news]
HOUSTON (ICIS news)--ExxonMobil has lifted its sales controls on some base oils in the US, just as its Beaumont lube units in Texas came back on line, the company said on Wednesday.
“Our Beaumont lube plant is now receiving additional supply of conventional base stocks at a rate that enabled it to lift, effective [on] 28 October 2008, the 100% salesb control announced on 26 September to its customers,” ExxonMobil spokeswoman Prem Nair said.
Recent shipping reports have revealed that ExxonMobil is bringing in the necessary base stocks needed from its facilities in Europe and Asia.
Conventional base stocks are base oils that do not contain polyalphaolefins (PAO).
Allocations and or sales controls on Mobil 1 synthetics and other lubricants containing PAOs remain in effect because of the continued shutdown of the chemical PAO plant, also at Beaumont, Texas, Nair said.
The plant is expected to resume operations at year’s end. It has remained shut down since Hurricane Ike hit on 13 September.
ExxonMobil said it was managing the disruption to its PAO base oil supply through a number of steps that include implementation of stringent product allocation to enable fair supply and fulfilment of the most critical customer requirements.
“We have also started the purchase of available third-party PAO barrels, consolidated limited industrial synthetic inventories into one warehouse to extend supply and shifted production of some automotive synthetics to alternative overseas facilities,” Nair said.
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By: Heather McGuire Doyle
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