Feedstock flexibility to ExxonMobil’s chems strategy: Pryor

20 November 2013 13:47  [Source: ICIS news]

LONDON (ICIS)--Feedstock flexibility remains a central element of US-based oil giant ExxonMobil’s chemicals investment strategy, the division’s president said on Wednesday.

Speaking at the Gulf Petrochemicals and Chemicals Association (GPCA) conference in Dubai, ExxonMobil Chemicals president Steve Pryor said that the feedstock landscape for petrochemicals is constantly shifting as a result of innovations and industry trends, and that some of the division’s largest complexes are set up to respond to that.

“In Europe, our Rotterdam aromatics plant has been designed to receive feedstock from nine ExxonMobil refineries and chemical plants,” Pryor said.

“Pooling feedstock supply, together with advanced technology, has enabled this plant to become the largest and one of the most profitable in the region,” he added.

In the US, ExxonMobil has moved to capitalise on the shale gas boom, but has retained its ability to utilise other feedstocks if they prove to have an advantage over ethane, according to Pryor.

“In the US Gulf Coast, we expanded our gas cracking capability while retaining our capacity to process refinery liquids," he said.

Pryor’s GPCA address also discussed the development of a cracker at its Singapore complex that can crack crude oil directly into chemicals, the first of its kind.

By: Tom Brown
+44 208 652 3214

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