20 November 2013 08:30 [Source: ICIS news]
DUBAI (ICIS)--ExxonMobil can crack crude directly into chemicals at its world-scale petrochemical complex in Singapore and is the first company to do so, a company executive said on Wednesday.
“Converting crude oil directly into chemicals provides a cost advantage over naphtha feedstock. It also saves energy and emissions by eliminating the refining process,” Stephen Pryor, President of ExxonMobil Chemical, said in his keynote speech at the 8th annual Gulf Petrochemicals and Chemicals (GPCA) Forum in Dubai.
ExxonMobil’s expanded integrated refinery and petrochemical complex in Jurong Island, Singapore, can process an unprecedented range of feedstocks, Pryor said.
The Singapore complex is ExxonMobil’s largest.
“The proprietary technology has been the enabler of it all. Crude cracking is the first in the world… and yet another step in the industry’s ongoing search for feedstock,” he added.
Pryor did not provide further details about the type or proportion of crude that they could feed into the Singapore cracker.
The GPCA 2013 Forum runs on 19-22 November.
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