Planned Texas cracker highlights integrated model – ExxonMobil exec
13 March 2013 22:18 [Source: ICIS news]
HOUSTON (ICIS)--ExxonMobil's planned expansion of its ?xml:namespace>Baytown, Texas, facility with the construction of a new world-scale ethane cracker and associated premium polymer capacity was held up on Wednesday as a prime example of the company’s integrated production model.
Mike Dolan, ExxonMobil senior vice president, told attendees of the company’s annual analysts day that permit applications have been filed for the 1.5m tonne/year cracker.
The plant would provide 650,000 tonnes of ethylene feedstock for two high-performance polyethylene (PE) lines at its plastics plant in nearby Mont Belvieu, Texas.
The new cracker is expected to be on line by 2016.
“We are managing a robust pipeline of attractive projects, which capitalise on our strength and captures high-value growth,” Dolan said.
ExxonMobil also is increasing its capacity to produce higher-value diesel and lubricants, he said.
Dolan pointed to the company’s Singapore diesel hydrotreater project, which will increase the company's ability to produce ultra-low sulphur diesel to meet the growing Asian demand, as well as the expansion of its Finland and China lube oil blending plants, which will increase lubes manufacturing capacity in those countries by more than 50%.By: Jeremy Pafford+1 713 525 2653
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