（November 30, 1999）
Exxon And Mobil Confirm
Federal Trade Commission Approval Of Merger
IRVING, Texas - November 30, 1999 -- Exxon Corporation and Mobil Corporation today confirmed that the U.S. Federal Trade Commission (FTC) completed its review of the proposed merger and has approved a consent order for the merger of the two companies. Exxon and Mobil have accepted terms and conditions specified by the FTC and will comply with them fully and in a timely manner.
Exxon Chairman Lee Raymond said, "The FTC's decision, coupled with the European Commission's approval gained earlier, cleared the way for the merger to proceed. Exxon and Mobil moved quickly to close the transaction and to launch the world's premier petroleum and petrochemical company, which will be known as Exxon Mobil Corporation. Exxon Mobil Corporation is incorporated in the state of New Jersey.
"The merged company expects that the scale of the worldwide near-term cost savings and the long-term strategic benefits will likely exceed those announced last year. The merger will allow ExxonMobil to compete more effectively with the recently combined multinational oil companies and the large state-owned oil companies that are rapidly expanding outside their home areas," Raymond said.
The FTC's review was one of the most thorough and exhaustive ever undertaken, lasting some 11 months. Exxon and Mobil worked closely with the FTC to provide appropriate information on a timely basis to facilitate regulatory review of the merger.
In the U.S., Exxon's and Mobil's exploration; production; natural gas; chemical; Gulf Coast, Midwest and Rocky Mountains refining businesses; and the vast majority of service stations are not affected by the consent order.
While the FTC ruling predominately affects aspects of the U.S. downstream, the merged company will retain a significant presence in these business segments in the U.S. By most measures of capacity and sales, the merged company will be a strong competitor in these areas.
FTC conditions ExxonMobil will satisfy to complete the merger include:
Exxon selling its fee and leased service stations from New York to Maine, and assigning its contracts with all dealers and distributors in those areas to a new supplier;
Mobil selling its fee and leased service stations from New Jersey through Virginia, and assigning its contracts with all dealers and distributors in those areas to a new supplier. In addition Mobil selling its East Boston, Massachusetts, and Manassas, Virginia, terminals.
Mobil selling its interest in TETCO, a Texas motor fuel distributor, selling its interests in 10 service stations in Dallas and Fort Worth, and assigning its contracts with distributors in five areas in Texas -- Dallas, Austin, San Antonio, Houston and Bryan-College Station;
Exxon selling its Benicia, California, refinery; withdrawing from retail fuels marketing in four areas (Oakland, San Francisco, San Jose and Santa Rosa), and selling its remaining service stations and assigning its dealer and distributor contracts in the state;
Exxon will divest its interest in 12 service stations and a product terminal in Guam;
Mobil amending its base oil contract with Valero at the Paulsboro refinery in New Jersey;
Exxon Mobil Corporation entering into long-term contracts to supply a total of 12,000 barrels-per-day of base oil from its Gulf Coast refineries to up to three customers;
Exxon Mobil Corporation selling either Exxon's 48.8 percent interest in the Plantation pipeline or Mobil's 11.49 percent interest in the Colonial pipeline, and Mobil's 3.08 percent interest in the Trans-Alaska Pipeline System (TAPS); and
Exxon selling its assets associated with its worldwide jet turbine lubricating oil business.
"We remain committed
to our customers, dealers and distributors in the U.S.,"
said Raymond. "We are pleased that ExxonMobil may allow
those who acquire our service stations and supply relationships
in most of the areas affected by the FTC ruling the opportunity
to retain the existing Exxon or Mobil brands for at least 10
years or longer, thereby benefiting consumers, dealers and
distributors. The Exxon and Mobil brands, their high-quality
products, and other innovative services like Mobil Speedpass and
state-of-the-art convenience stores, will remain, even in those
areas where we are required to sell service stations or assign
Exxon Mobil Corporation will have nine months to satisfy most of the FTC's conditions everywhere except California, where it will have twelve months to sell the Benicia Refinery and the California marketing assets. During that time, Exxon Mobil Corporation will hold various businesses separate from management and operation of the newly merged company.
Except for Exxon and Mobil operations that will be divested, the held separate businesses will become part of the ExxonMobil organization when FTC conditions related to these businesses are met. Revenues and earnings from businesses "held separate" will be consolidated in the Exxon Mobil Corporation financial statements.
The held separate businesses are:
All of Mobil's fuels marketing operations from Maine through North Carolina, Florida, Georgia, Texas and Louisiana;
Mobil's Torrance, California, refinery and California pipelines, as well as all of its fuels marketing operations in California, Arizona and Nevada;
Mobil's Alaska Pipeline Company and Mobil's interest in Colonial Pipeline Company;
Exxon's worldwide jet turbine lubricating oil assets.
"We regret the uncertainties these divestments may cause to customers and employees. We are convinced, however, that the incentives for this merger remain strong," Raymond said. "We have known for some time that the regulatory approval process would take a good part of this calendar year. We used this time as best we could to prepare for the actual integration of the two companies. We are ready to move ahead quickly. We are confident and determined to make Exxon Mobil Corporation a reality that will quickly bring significant benefits to its customers, its employees and its shareholders," concluded Raymond.
olefins JV approved by economic team
Venezuela's delayed $2.65-bil olefins project with JV partner ExxonMobil has been approved by the country's economic cabinet, a spokesman for the energy ministry told Platts Monday. The plant, which will have an annual production of around 2.2-mil tons of olefins and derived products, is awaiting approval by the full cabinet and Venezuelan president Hugo Chavez, the spokesman said. "Representatives from ExxonMobil are quite excited about the development. They are seeing light at the end of the tunnel," he said. Deputy energy minister Bernardo Alvarez said the project, which was to be solely export-oriented, was being reworked to allow supplies to go to the domestic market, in a report published by Caracas daily El Nacional on Monday.
The proposed 50-50 project between Venezuela's state Pequiven and ExxonMobil is designed to produce 1-mil mt/yr of ethylene, 780,000 mt/yr of polyethylene and 400,000 mt/yr of glycols. It will be built at Jose petrochemical complex in the eastern state of Anzoategui. Both Pequiven officials and Alvarez have said the project may benefit from 10-year tax reductions allowed under Venezuelan law for the promotion of foreign investment. Alvarez told El Nacional one proposal being considered was for Pequiven and ExxonMobil to begin importing olefins from year zero of the project in order to promote the appearance of plastic processing companies before construction of the plant begins.
ExxonMobil said Monday it is happy that its delayed $2.65-bil olefins project with Venezuela's state Pequiven is moving ahead. "We are pleased by the progress of this project and that since the economic cabinet has approved it, we are waiting for official confirmation of that," a spokesman for ExxonMobil told Platts.
ExxonMobil PDVSA talks progress on Venezuela olefins JV project
ExxonMobil is making progress in renewed negotiations with state oil company PDVSA about developing a $2.65-bil olefins 50:50 JV project in eastern Venezuela, the company said Monday. A preliminary development agreement for the planned project with Pequiven had been close to being signed in December before the country's two-month oil strike began and talks were interrupted. The project would be designed to produce 1-mil mt/yr of ethylene, 780,000 mt/yr of polyethylene and 400,000 mt/yr of glycols.
ExxonMobil Chemical Announces Start-Up of New Metallocene Plant Expansion at Baton Rouge, Louisiana
Chemical has announced the completion and successful start-up of
its new commercial metallocene ethylene elastomer manufacturing
facility in Baton Rouge, Louisiana. The facility, the first of
its kind in the world, is now operational and will add capacity
of more than 90 thousand tons of product annually.
"This expansion is a key step in advancing our ethylene elastomer product portfolio with unique, differentiated polymers, including the family of VistamaxxTM specialty elastomers," said Mary Ahner, vice president of ExxonMobil Chemical Ethylene Elastomers. "This new facility underscores our ongoing commitment to invest in and support our customers' needs for advanced ethylene elastomer products worldwide."
Basic process and catalyst technologies used in this plant were developed in-house by ExxonMobil process technologists.
"We are very excited about this major start-up, as it demonstrates a technological advancement in versatile production," said Hans VanBrackle, global technology manager, ExxonMobil Chemical Ethylene Elastomers. "Using the plant's flexible solution platform based on our proprietary ExxpolR metallocene catalyst technology, we now have the option of adjusting product mix to meet our customers’ needs. We believe this new Baton Rouge facility will provide a high degree of potential for polymer design innovation."
Included in the product slate is the recently announced family of Vistamaxx specialty elastomers which ExxonMobil Chemical launched in June 2003 at NPE. "The Vistamaxx products, with their step-out technology, are just the first of what we expect will be a series of new, value-add polymers to emerge from this platform," VanBrackle noted. "Because of our broad Intellectual Property (IP) stake, we believe our products allow customers to maintain a technological edge that they can use to their advantage."
The new facility will serve as the global supply point for metallocene ethylene elastomer products, enabling ExxonMobil Chemical to take advantage of existing organizational infrastructure and feedstock availability.
These products are expected to be commercially available in early second quarter 2004.
Mitsui Engineering and Shipbuilding, Inc. and its subsidiary Engineers and Constructors International, Inc., known for international expertise in commercial design and construction, were contracted for the construction of the new plant.
ExxonMobil Chemical ethylene elastomer products marketed globally include Vistamaxx TM specialty elastomers, Exact® plastomers, Vistalon® EP(D)M, ExxelorTM chemically modified polymers, and Santoprene® thermoplastic elastomers. These products are used in a variety of applications in markets that include automotive, construction, electrical, food packaging and consumer goods.
About ExxonMobil Chemical
ExxonMobil Chemical (www.exxonmobilchemical.com) is a global leader in technology, product quality and customer service with petrochemical manufacturing and/or marketing operations in more than 150 countries around the world. Its products include olefins, aromatics, fluids, synthetic rubber, polyethylene, polypropylene, oriented polypropylene packaging films, plasticizers, synthetic lubricant basestocks and additives for fuels and lubricants.
Editor's note: The term "ExxonMobil Chemical" refers collectively to some or all of the companies affiliated with Exxon Mobil Corporation which have chemical manufacturing and/or marketing operations around the world. Vistamaxx,Vistalon, Exact, Exxelor, Exxpol and Santoprene are trademarks of Exxon Mobil Corporation.
Venezuela, ExxonMobil move forward on olefins project
US major ExxonMobil and Venezuela's state petrochemical company Pequiven have reached a tentative agreement on a $2.65-bil olefins joint venture in eastern Venezuela, an ExxonMobil official said Wednesday. "The negotiating teams have reached an understanding on how the project would be developed," the spokesman said. "It is now under review." Talks on the long-awaited project appeared to have floundered, with little progress reported in the last 18 months. A preliminary development agreement on the 50-50 project was close to being signed in late 2002, shortly before Venezuela's two-month oil strike.
Following the upheaval, Pequiven and its parent company, PDVSA, were put under new management. Although the spokesman could give no indication of when the PDA may be signed, a Pequiven source said an announcement was expected soon by Venezuelan President Hugo ChaveIz.
August 12, 2004
Pequiven, ExxonMobil sign US$3bn olefins agreement
The Pequiven petrochemical subsidiary of Venezuela's state oil company PDVSA and US-based ExxonMobil Chemical Company have signed an agreement to develop a US$2.5bn-3bn olefins project at the Jose petrochemicals complex in Anzoategui state, Pequiven said in a statement Thursday.
A team formed with specialists from both companies will start work in September on completing feasibility studies and defining other aspects of the project.
The project will include a cracking plant with capacity to produce 1 million metric tonnes annually of ethylene and derivatives.
ExxonMobil and Pequiven will each have 50% in the project, which will become the main provider of petrochemical products in Latin America and in other world markets, the statement said.
"The Jose petrochemicals project will combine the qualities and unique strengths of PDVSA, Pequiven and ExxonMobil Chemical to become a platform for stimulating the development of downstream plants in Venezuela," ExxonMobil's Venezuela president Mark Ward was quoted as saying.
"We have advanced with a lot of success in preliminary conversations and we have confidence in our own experience and in ExxonMobil's to develop a great project of olefins and derivatives according to market expectations," Pequiven president Saul Ameliach said.
Pequiven will also promote its plan to develop the national plastics industry to integrate production chains, industrialize hydrocarbons and generate jobs and economic activity in the country, Ameliach said.
Pequiven と ExxonMobil、百万トンエチレンプロジェクト合意か
Venezuela 国営石油精製会社 PDVSA の Mr. Edgar Paredes が昨日 9月5日明らかにしたところによると、Pequiven と ExxonMobil が進めてきたオレフィンプロジェクトは近々合意に達し署名される予定だ、とのことである。
同プロジェクトは、過去 5年に亘って交渉されてきたものであり、サイトは Anzoategui州 Jose に位置し、出資は Pequiven と ExxonMobil 50:50 の合弁となる。
プラント年産能力は、エチレン 1,000,000トン、PE 760,000トン、EG 430,000トン等となっている。総資金は 23億ドル。
署名の時期は明らかにされていないが、Mr. Paredes によれば、「数ヶ月前に政府の許可関係は取得できており、このホセプロジェクトを進めるための障害は無くなっている」と話している。同氏は近く Pequiven の社長に就任する予定。
同氏はまた、Pequiven での重要な仕事は Pequiven としての長期戦略を見直すことであり、Moron 及び El Tablazo にある旧コンプレックスの近代化だ、と話している。
ExxonMobil Chemical to Expand Oxo Alcohol Capacity in Singapore
ExxonMobil Chemical is
expanding the capacity of its world-class oxo alcohol plant in
Singapore. The Singapore Chemical Plant will increase its iso-nonyl alcohol
capacity from 180,000 tons-per-year to 220,000 tons-per-year. Project completion is expected
by 3Q 2006.
"ExxonMobil Chemical has consistently enhanced its manufacturing scale to respond to customers' needs worldwide," said Robert C. Davis, Global Oxo Business Unit vice president, ExxonMobil Chemical. "Over the past few years, our Asia Pacific affiliates have had significant grassroots expansion, in line with the business' successful performance in Europe and the Americas."
"The net result is that we have the largest integrated global platform to serve the plasticizer business with the right products in the right places to respond to changing market conditions in supply and demand," added Davis. Growth for plasticizers in Asia Pacific is expected to continue, representing nearly 60 percent of the global plasticizer market by 2010.
Oxo alcohol is essential in the manufacture of plasticizers, which provide flexibility to many plastics products, such as floor and wall coverings, wire and cable insulation, synthetic leathers, gloves and automotive applications.
In a related announcement, ExxonMobil Chemical earlier announced plans to expand its ethylene steam cracker at the Singapore complex by 75,000 to more than 900,000 tons-per-year.
The Singapore oxo alcohol plant started up in 2001 with a capacity of 150,000 tons-per-year and subsequently increased to 180,000 tons-per-year in June 2004.
Foster Wheeler Awarded PCS Contract for Planned New Petrochemical Project in Singapore
Ltd. announced today that ExxonMobil Asia Pacific Pte. Ltd. has
awarded the team of Foster Wheeler and WorleyParsons a project
coordination and services contract for a potential new project at
ExxonMobil's Singapore Chemical Plant site. This project, known
as the Singapore Parallel Train (SPT), would include the
possible construction of a new world-scale
ethylene cracker, as well as downstream plants for production of
Foster Wheeler and WorleyParsons would also undertake the front-end engineering design and the potential engineering, procurement and construction of some facilities if the project proceeds to the next stage. The Foster Wheeler contract value was not disclosed.
"Foster Wheeler is proud to be leading the joint venture team providing support to ExxonMobil for this planned major petrochemical facility in Singapore," said Steve Davies, chairman and chief executive officer of Foster Wheeler Energy Limited. "This confirms our position as one of the leading engineering, procurement and construction contractors in Singapore, where we have been safely and successfully completing projects in the chemical, refining and pharmaceutical sectors for more than thirty years. We will bring the full depth of this experience to our joint venture to assist ExxonMobil."
The work for this planned, world-scale project support will be undertaken on a global basis utilizing staff resources located in the UK (Reading), USA (Houston) and Singapore.
Chemical Introduces New Line of Compounded Polyolefins for
ExxonMobil Chemical today introduced a line of compounded polypropylene for the automotive industry. ExxonMobil Performance Polyolefins are available from ExxonMobil Chemical facilities in North America, Europe and Asia.
"ExxonMobil Chemical has the technology and manufacturing capability to supply a global grade slate of custom-compounded polyolefins to automotive customers," said Dick Grabham, vice president of the company's Global Polypropylene Business. "Our ongoing investment in technology and compounding expertise highlights our commitment to the global automotive market."
Work to certify ExxonMobil Performance Polyolefin grades to various automotive specifications is currently underway. These products complement ExxonMobil Chemical's neat and impact copolymer polypropylenes to provide customers with a complete line of products for automotive interior, exterior, and under hood applications.
Our Exxpol Enhance(TM) polypropylene and premium reactor thermoplastic polyolefins (TPOs) are used for bumper fascias, step pads, and pillar trim for head impact. Our polypropylene can be found in other applications, such as door and quarter-panel trim, lift-gate trim, consoles, fender liners, and fan shrouds.
ExxonMobil Chemical offers numerous products for a wide variety of automotive applications. The products may be supplied from our manufacturing facilities in North America, Europe or Asia Pacific.
-- Santoprene(TM) TPV and Vistalon(TM) EPR and EPDM elastomers are key products used in automotive body sealing applications.
-- Jayflex(TM) plasticizers are key components in hundreds of automotive flexible PVC applications, for both interior and exterior use.
-- Specific grades of high density polyethylene have been designed for fuel tanks and energy management systems. These grades exhibit superior toughness and offer long life.
-- Butyl polymers, including butyl, chlorobutyl and bromobutyl rubber, are key components in tires for cars and trucks.
-- Lubricants based on our synthetic base stocks provide superior wear protection and extended life to automotive oils and greases. In addition, automotive paints incorporate our aliphatic and aromatic hydrocarbon fluids as well as isopropyl alcohol (IPA) and methyl ethyl ketone (MEK).
About ExxonMobil Chemical
ExxonMobil Chemical is a global leader in technology, product quality and customer service, with petrochemical manufacturing and/or marketing operations in more than 150 countries around the world.
2006/11/8 ExxonMobil Chemical
エクソンモービル ケミカル カンパニー（エクソン モービル コーポレーションの化学品部門: 以下エクソンモービルケミカル）は、当社のテキサス州ベイタウン工場におけるハロゲン化ブチルゴム（ハロブチルゴム）生産能力の大幅な増強を行うことを決定しましたのでお知らせいたします。同工場は、既存設備の改良や新設備の追加により、「エクソン・ブロモブチルBromobutyl 」ゴムの生産能力を60%増強する予定です。今回の増強は、ハロブチルゴムの国際市場やタイヤ業界における旺盛な需要や急速な成長を支えるという当社の姿勢を明確に示すもので、関連工事の完了は2008 年4-6 月期を予定しています。
エクソンモービルケミカルのブチルポリマーズ・グローバルビジネス担当副社長を務めるアート・サリバンは、「当社は、ベイタウン工場におけるハロブチルゴム生産設備への投資を続けており、その規模は2000 年以降で総額4 億ドルを超えています。今回の増強は、当社の70 年に及ぶブチルゴムの研究・開発、サービス、製品ノウハウに基づき、タイヤ業界の取引先に対し今後も世界規模でハロブチルゴムの供給をお約束するものです。」と述べています。
-- 2002 年にベイタウン工場を拡張し、ハロブチルゴムの生産能力を4 倍に増強しました。
-- エクソンモービル・ケミカルグループの一員であるエクソンモービル有限会社が合弁出資している日本ブチル株式会社（本社: 神奈川県川崎市）は、アジア太平洋地域の需要増に対応して、このほど同社のハロブチルゴム生産能力を年間70,000 トンに増強しました。
November 2, 2005 -- ExxonMobil
ExxonMobil Chemical to Expand EXXPRO Specialty Elastomers Capacity in Baytown, Texas, to Support Advancements in High-Barrier, Lightweight Tire Inner Liners
ExxonMobil Chemical has announced today that it is doubling its production capability for its proprietary Exxpro specialty elastomers used in the construction of tire inner liners, as a result of new investment and recent operational improvements. The expansion of the company's plant in Baytown, Texas, is targeted for completion in the fourth quarter, 2006.
"This multimillion dollar investment in Exxpro capacity will support the development of new, higher air barrier inner liner technologies that target both passenger and commercial vehicle tires," said Art Sullivan, Global Butyl Polymers vice president, ExxonMobil Chemical Company. "At the same time, it further demonstrates our continued technical leadership and global supply commitment to customers in the tire industry."
ExxonMobil Chemical has furthered its technological advancement of tire inner liners based on its proprietary Exxpro polymer (brominated isobutylene para-methylstyrene copolymer). These technologies include both nano-composites and dynamically vulcanized alloys (DVA).
Prototype Exxpro polymer liners made with nanocomposites have been successfully processed into lighter weight commercial truck tires in a commercial tire manufacturing facility. Results indicate several benefits including reductions in tire cure time, liner gauge thickness, inflation pressure retention (IPR) and intra-carcass pressure (ICP), as well as more than a 20 percent improvement in tire durability as expressed by 'mileage to failure' ratings.
ExxonMobil Chemica's advancements with Exxpro polymer and DVA technology for tire inner liners represent continued improvements of the technology disclosed as part of a global licensing agreement with Yokohama Rubber Company in May, 2004. Recent results have demonstrated the exceptional air retention properties of this plastic/rubber "film" inner liner. As a result, liner downgauging offers another significant source for tire raw material reduction and tire light-weighting.
February 12, 2007 ExxonMobil Chemical Films Business http://www.oppfilms.com./
Upgrades LaGrange Oriented Polypropylene (OPP) Film Manufacturing
The Films Business of ExxonMobil Chemical today announced plans to significantly increase production of specialty oriented polypropylene (OPP) films in LaGrange, Georgia.
The company will upgrade the LaGrange facility to increase its North American capacity for multi-layer white OPP films. The multimillion dollar investment will allow the company to satisfy the rapid growth in demand for specialty OPP films, such as OPPalyte(TM) white opaque film for candy cold-seal applications, OPPalyte(TM) WOS-2 and STW white opaque films for ice cream novelty applications and Label-Lyte(TM) films for wet glue and pressure sensitive labeling.
"Our focus is to use technologies developed and refined by ExxonMobil Chemical over the past 35 years to produce packaging and labeling films that others cannot," said Paul Payne, global manufacturing manager for the Films Business. "It is what converters and leading brand owners have come to expect from our company, and we are committed to delivering on this expectation."
ExxonMobil Chemical's white opaque OPP films, each specifically tailored for targeted applications, have earned a reputation for outstanding performance that continues to fuel growth in the confectionary and ice cream markets. OPPalyte HM film, to be produced on the upgraded facility at LaGrange, utilizes a proprietary multi-layer technology to achieve exceptional cold seal adhesion. The company's OPPalyte WOS-2 and STW films use proprietary multi-layer designs to provide optimal performance on multilane packaging machines commonly used for ice cream novelties.
This current upgrade is a continuation of ExxonMobil Chemical's strategy to invest in specialty assets for its OPP films business. Since 2002, the company has added two new state-of-the-art orienters, a new coater and two new metallizers in its affiliated worldwide OPP film manufacturing facilities. Additionally, the company continues to upgrade existing assets like at LaGrange.
About the Films Business of ExxonMobil Chemical
The Films Business of ExxonMobil Chemical is a global leader in the development and manufacture of specialty oriented polypropylene (OPP) films, including multi-layer white opaque films, metallized films and acrylic and PVdC coated films, for flexible packaging and labeling applications. The Films Business has affiliated production plants in Europe (Virton, Belgium; Kerkrade, the Netherlands, and Brindisi, Italy), and North America (LaGrange, Georgia; Shawnee, Oklahoma; Stratford, Connecticut and Belleville, Canada). The company and its affiliates have sales offices to support customer needs in countries around the world, including North America, Europe and Asia. Additional information regarding the Films Business can be found at: www.oppfilms.com.
With marketing and operations in more than 150 countries around the world, ExxonMobil Chemical Company and its affiliates are global leaders in technology, product quality and customer service. ExxonMobil Chemical Company is a division of Exxon Mobil Corporation. Additional Information about ExxonMobil Chemical can be found at: www.exxonmobilchemical.com.
April 03, 2007 ExxonMobil
ExxonMobil's New Olgone Aromatic Treatment Technology Proves Successful at NPRC's Muroran Refinery
Olgone is an innovative
aromatics treatment technology that provides an economical,
easy-to-implement alternative to clay treatment.
ExxonMobil Chemical Technology Licensing LLC today announced the successful start-up of the first licensed application of its new Olgone Process. Nippon Petroleum Refining Company, Ltd.'s (NPRC) installed the Olgone Process at its Muroran Refinery to remove olefins from a heavy reformate feed, replacing the traditional clay treatment process. The mixed xylenes separated from the treated heavy reformate are then converted to paraxylene by NPRC and others.
"We selected ExxonMobil Olgone technology to overcome difficulties associated with very short clay treater cycles at our refinery. Olgone offered a way to significantly extend treater cycles as well as reduce the amount of spent clay generated from the treaters," said Hiroji Adachi, NPRC's Technical Service Department General Manager.
David Starkey, Global Xylenes Licensing Manager, ExxonMobil Chemical Technology Licensing LLC, said, "NPRC is the leading refiner and oil products marketer in Japan. We are very pleased that our Olgone technology is helping NPRC improve the efficiency and cost-competitiveness of its Muroran refinery."
ExxonMobil Chemical Technology Licensing LLC is a globally recognized licensor of proprietary technologies, both directly and through arrangements with other licensing companies. The technology offerings span petrochemical and polymer sectors including manufacturing technologies for low density polyethylene, polypropylene, paraxylene, benzene, mixed xylenes, ethylbenzene, cumene, propylene and ethylene, with supporting proprietary catalyst offerings in the aromatics process technology areas. For additional information see the ExxonMobil Chemical web site at www.ExxonMobilChemical.com and click on the "Technology" menu.
ExxonMobil Introduces Innovative Aromatics Treatment Technology
Olgonesm provides economical, easy-to-implement alternative to clay treatment
ExxonMobil Chemical Technology Licensing LLC today announced the commercialization of its new Olgone technology for more effective and environmentally sound removal of olefins from aromatics streams. Olgone is a catalyst-driven technology that provides aromatics plant operators with an alternative to the clay treaters currently used to reduce olefin content. Olgone is more effective than clay treaters in removing olefinic materials that can interfere with downstream equipment, adsorbents, sieves and catalysts.
The new technology can offer significant benefits in terms of operating and capital costs, solid waste reduction, downstream protection, and operations improvement. It is easily retrofitted into existing clay treaters and operates at the same process conditions, making transition to this technology simple and trouble-free.
Olgone employs the same basic chemistry as conventional clay systems to remove olefins, but its processing capacity is 4 to 6 times that of clay, thanks to a proprietary catalyst system specifically engineered for low-temperature alkylation reactions. The Olgone catalyst offers improved environmental performance as it is regenerable, unlike the clay that it replaces.
"We’ve been using the process in our own aromatics plants for a number of years and are extremely pleased with its superior performance," says David Starkey, Global Xylenes Licensing Manager, ExxonMobil Chemical Technology Licensing. "It is going to be especially welcome news for plant operators who are now struggling with very short clay treater cycles or wish to expand throughput. Olgone provides a way to debottleneck without the large capital investment of adding new clay treater vessels."
ExxonMobil Chemical Technology Licensing, LLC is a globally recognized licensor of proprietary technologies, either directly or through arrangements with other licensing companies. The technology offerings span petrochemical and polymer sectors including manufacturing technologies for tubular / autoclave LDPE, polypropylene, xylene, paraxylene, benzene, mixed xylenes, ethylbenzene, cumene, propylene and ethylene with supporting proprietary catalyst offerings in the aromatics process technology areas. For additional information see the ExxonMobil Chemical web site at www.ExxonMobilChemical.com and click on the "Technology" menu.
ExxonMobil Chemical is a global leader in technology, product quality and customer service with petrochemical manufacturing and/or marketing operations in more than 150 countries around the world. Its products include olefins, aromatics, fluids, synthetic rubber, polyethylene, polypropylene, oriented polypropylene packaging films, plasticizers, synthetic lubricant basestocks and additives for fuels and lubricants.
June 19, 2007 ExxonMobil
ExxonMobil Chemical Company Announces Manufacturing Facility for New Specialty Compounds for Tires
Company today announced it will begin construction of a facility
to manufacture new specialty elastomer compounds that can improve
the durability of tires, make them lighter weight by using less
raw material and significantly reduce fuel consumption.
Start-up of the
plant is expected in early 2008 to satisfy demand for the
products that combine the flexibility and elasticity of rubber
with the low air permeability of plastic.
The plant will manufacture a dynamically vulcanized alloy (DVA) of proprietary ExxproTM specialty elastomers and nylon. This new Exxpro-based alloy can be blown into films and used as the air barrier inner liner of tires. ExxonMobil Chemical expects to commercialize the technology in late 2007. Exxpro marks the first major technology advancement to tire inner liner raw materials since ExxonMobil started producing halobutyl products in 1961.
"The Exxpro-based alloy provides improved air barrier retention versus current commercial alternatives," said Art Sullivan, Butyl Polymers Global Business vice president, ExxonMobil Chemical Company. "Maintaining proper tire inflation reducesstress and irregular wear, saving millions of gallons of gasoline every day."
Tire inner liners with the Exxpro-based alloy are up to one-fifth the gauge of a conventional halobutyl inner liner, leading to lighter weight tires with improved rolling resistance. The new inner liner material has shown a 20 percent improvement in tire durability, and it also performs well in cold temperatures.
"These new inner liners allow up to 80 percent reduction in hydrocarbon based raw materials versus current inner liner technology," Sullivan said. "This is a good example of how innovative polymer technologies can promote a sustainable future by reducing both motor fuel consumption and raw material usage."
The initial market development facility for manufacturing will be located in Pensacola, Florida. The investment will fully leverage the company’s existing proprietary extrusion technology at this location. The facility will supply customers globally.
In 2004, ExxonMobil Chemical and Yokohama Rubber Company announced significant technical advancements in the area of Exxpro polymer and dynamically vulcanized alloy technology for tire inner liners.
In 2006, ExxonMobil Chemical Company completed an expansion at the company's plant in Baytown to double production capability for its proprietary Exxpro specialty elastomers.
"These investments demonstrate our continued technical leadership and global supply commitment to customers in the tire industry," said Sullivan.
ExxonMobil Chemical is a major supplier to the global tire industry. More information about these products is available at www.butylrubber.com.
October 5, 2006
ExxonMobil Chemical and Yokohama Rubber Co. Ltd. Achieve Winter Test Qualification for Jointly Developed Advanced Tire Inner Liner
A milestone in the development of improved tire inner liners was announced today by ExxonMobil Chemical Company and The Yokohama Rubber Co., Ltd. (YRC) following tests to qualify their jointly developed technology for use in passenger vehicle tires in harsh winter conditions.
The companies' development of DVA (dynamically vulcanized alloy) advanced tire inner liner technology is based on proprietary Exxpro polymers and alloys of those polymers developed by ExxonMobil, as well as alloys and application technology developed by YRC. The DVA advanced inner liner technology used in the film liner materials combines the flexibility and elasticity of a rubber with the low-air permeability of a plastic.
Satisfying low-temperature fatigue-resistance requirements is difficult for conventional inner liners. Tires made with the jointly developed DVA advanced inner liners passed rigorous cold-temperature indoor tire testing and outdoor road testing. Tests were conducted over a six-month period in northern Canada in temperatures reaching -22°C.
In addition to their cold-temperature toughness, 15-inch V-rated passenger car tires using the DVA advanced inner liner have shown light-weighting gains of approximately 5.5 percent or 0.5 kg per tire, and reductions in rolling resistance. These results are due to the exceptional air-retention properties of the DVA, which can be 7-10 times better than those obtained from conventional 100 phr halogenated butyl rubber (halobutyl rubber) liner compounds. Tires with lower rolling resistance have been shown to improve vehicle fuel efficiency.
In 2004, ExxonMobil Chemical and YRC announced a joint cooperative agreement and ExxonMobil's acquisition of a global license from YRC for DVA inner liner technology.
In October 2005, ExxonMobil Chemical announced a multimillion-dollar investment to double production capabilities for its proprietary Exxpro specialty elastomer used in DVA advanced inner liner construction. The expansion of the company's plant in Baytown, Texas, is targeted for completion in the fourth quarter of 2006.
ExxonMobil Chemical expects to commercialize a DVA resin product in the latter half of 2007. ExxonMobil Chemical is a major supplier of halobutyl rubber to the global tire industry.
ExxonMobil Announces Successful
Start-up of PxMax Technology at S-Oil's Onsan Refinery
PxMax is ExxonMobil's State-of-the-Art Technology for Selective Toluene Disproportionation
ExxonMobil Chemical Technology Licensing LLC and S-Oil Corporation today announced the successful start-up of ExxonMobil's PxMax technology at S-Oil's Onsan refinery and chemical complex in South Korea. The PxMax process licensed by ExxonMobil and implemented at the Onsan refinery replaced a non-selective toluene disproportionation 不均化 (TDP) process that produced equilibrium mixed xylenes. The selective nature of the PxMax process provides S-Oil with a paraxylene-enriched mixture that is further processed into sales grade paraxylene product at S-Oil's facility.
David Starkey, Global Xylenes Licensing Manager, ExxonMobil Chemical Technology Licensing LLC, said, "S-Oil is an important refiner and petrochemical producer in South Korea. We are very pleased that they have selected our PxMax technology to increase their overall paraxylene production and improve the cost-competitiveness of their Onsan refinery."
"We selected the ExxonMobil PxMax technology as one of a number of profit improvement activities focused on increasing paraxylene production capacity without modifying the paraxylene separation process facilities. The xylene product from the PxMax process is highly enriched in paraxylene which allows us to increase overall paraxylene production from the complex by almost 8 percent. The relatively simple retrofit of our existing TDP unit with PxMax offered us a way to quickly increase our paraxylene production and take advantage of the very favorable market conditions," said M. S. Seo, Refining Process Engineering Department General Manager, S-Oil.
ExxonMobil Chemical Technology Licensing LLC is a globally recognized licensor of proprietary technologies, both directly and through arrangements with other licensing companies. The technology offerings span petrochemical and polymer sectors including manufacturing technologies for low density polyethylene, polypropylene, paraxylene, benzene, mixed xylenes, ethylbenzene, cumene, propylene and ethylene, with supporting proprietary catalyst offerings in the aromatics process technology areas. For additional information see the ExxonMobil Chemical web site at www.exxonmobilchemical.com under the Technology menu.
July 31, 2007 ExxonMobil
ExxonMobil Chemical Begins Commercial Production of Butyl Rubber Using a Proprietary New Breakthrough Technology
announced today that it has begun commercial production of butyl rubber at
its Notre Dame de Gravenchon (NDG) plant in France using a new proprietary
breakthrough process technology that it pioneered.
The new technology enables ExxonMobil Chemical to significantly increase its butyl rubber production capacity from its existing plants. Moreover, the technology also improves energy efficiencies as it enables the butyl rubber polymerization process to be run at more efficient temperatures.
The new process technology is the product of a multi-million dollar, multi-year program that utilizes ExxonMobil’s strengths in research and development as well as in manufacturing. The breakthrough provides ExxonMobil unique advantages in manufacturing and further enhances its position as an innovator in butyl rubber manufacturing technology.
"This is possibly the biggest breakthrough in butyl process technology since the invention of halobutyl," said Art Sullivan, Global Butyl Polymers Vice President at ExxonMobil Chemical. "It is the culmination of our relentless focus and investment in research and development, and it demonstrates the continued technical leadership of ExxonMobil Chemical and our continued commitment to the global tire industry."
ExxonMobil Chemical made the decision to commercialize the technology after it passed stringent tests and trials over a period of approximately two years at the NDG plant. Stable, efficient plant operations, significantly higher production capability with existing reactors and refrigeration compressors and equivalent product properties and performance were amongst the key success criteria evaluated prior to commercialization of the technology.
The company plans to roll out the new technology at its other butyl plants around the world. Details of the plan including the timing and target capacity increment have yet to be finalized. Based on its commercialization success at the NDG plant, the new technology will enable ExxonMobil Chemical to increase production at all of its manufacturing sites, equivalent to a world scale plant.
ExxonMobil Chemical is the world's largest supplier of butyl polymers to the global tire industry. Other recent technological contributions to the tire industry include advanced tire inner liners using its proprietary ExxproTM polymers and dynamically vulcanized alloy (DVA) technology. This technology facilitates production of lighter, more durable tires while providing enhanced vehicle fuel efficiency.
September 24, 2007 ExxonMobil Chemical
ExxonMobil Chemical Announces Expansion of its Rotterdam Aromatics Plant
ExxonMobil Chemical today
announced it will invest in an expansion of its Rotterdam
The expansion will make this world-scale plant ExxonMobil’s largest paraxylene production
increasing its paraxylene production capacity by
25 percent and
production capacity by 20 percent.
"This investment demonstrates ExxonMobil’s ongoing commitment to meet growing customer demand for these products and is part of the company’s strategy to develop world-scale, highly integrated chemical facilities with globally competitive cost structures,” said Matt Aguiar, Basic Chemicals Global Business vice president, ExxonMobil Chemical Company. “The new unit will benefit from integration with existing facilities and capture a number of synergies with the base plant."
In addition, the new unit will employ ExxonMobil’s proprietary PxMaxSM technology to produce paraxylene and benzene. The PxMax process improves selectivity, generates less waste and reduces energy requirements versus existing technologies.
This expansion project, which will be owned and operated by ExxonMobil Chemical Holland B.V., is targeted to help meet growing European demand for paraxylene and benzene. Construction for the expansion project will commence this year.
Rotterdam Aromatics Plant
・Aromatics: Benzene, Toluene, Paraxylene, Orthoxylene, Mixed Xylenes
Rotterdam Oxo Alcohol Plant
Rotterdam Plasticizers Plant and Phthalic Anhydride Plant
October 8, 2007 ExxonMobil Chemical
ExxonMobil Chemical Forms New Specialty Business to Supply High Performance Compounded Polyolefin Products
Company today announced that it has formed a new specialty
compounds and composites business to focus on the development,
production and marketing of engineered polyolefin compounds. The new business is organized to
provide customers with efficient delivery of innovative products
that fully utilize ExxonMobil's polymer and process development
capabilities and global reach.
“The creation of the new business is a significant step in ExxonMobil Chemical’s global specialty products strategy and reflects its commitment to provide high performance and cost-effective polyolefinic solutions,” said Jim McKinley, global specialty compounding manager, ExxonMobil Chemical Company. “A global team of application and development experts has been established to work with industry leaders to introduce products more quickly and effectively into new and existing applications.”
The business portfolio includes a new line of ExxonMobil Performance Polyolefins for automotive applications. Products range from soft and flexible compounds to reinforced composites. This is made possible by ExxonMobil's extensive slate of polypropylene, polyethylene, and elastomer base polymers that can be produced globally and tailored for specialty compounds.
This announcement marks another milestone in ExxonMobil’s commitment to a global compounded products business. The company recently started up a specialty compounding center in Baton Rouge, La., providing complementary capability in North America to that of its existing European facility in Lillebonne, France. In March 2007, ExxonMobil also announced the official opening of its Polymers Automotive Applications Center in Kawasaki, Japan.
“ExxonMobil Chemical is committed to ongoing investment in technology and leading-edge compounding facilities,” McKinley said. “We are excited about this opportunity to better serve our customers in established and high growth markets, such as India and China, with a unique portfolio of engineered thermoplastic products.”
September 3, 2008 ExxonMobil
ExxonMobil Chemical Steps Up Asia Pacific Specialty Compounds Supply with Compounding Agreement
ExxonMobil Chemical will
improve the supply of its specialty compounds in Asia Pacific
following the establishment of a compounding agreement with Resin &
Pigment Technologies Pte. Ltd. (R&P), a subsidiary of EnGro Corporation
Under the agreement, R&P will manufacture a broad range of
ExxonMobil Chemical’s specialty compounds for use in
automotive interior and exterior applications, appliances and
The R&P facility is located on Jurong Island, Singapore, just two kilometers from ExxonMobil Chemical's petrochemical complex. ExxonMobil Chemical will leverage its global portfolio of specialty plastics and elastomers using the Singapore complex as the primary source of polyolefins for the production of its specialty compounds. The R&P facility is ISO 9001 certified and recently achieved ISO/TS 16949 automotive certification.
Specialty compounds, such as ExxonMobil's line of Exxtral™ performance polyolefins, will be produced at R&P’s facility to supply customers throughout Asia Pacific. This new capacity, which can be expanded significantly in line with growing needs, will improve ExxonMobil Chemical’s global supply. ExxonMobil Chemical will utilize its existing sales network and service infrastructure to serve customers across the region.
"Because this simplifies the supply chain, we can respond more quickly to changes in demand," said Jim McKinley, manager, ExxonMobil Chemical specialty compounds business. "Our aim is to provide more efficient, larger scale production close to the source of integrated feedstock supply. By offering a wider range of high performance materials from the region’s Singapore hub, our Asia Pacific customers will benefit from more efficient service and supply.”
Earlier this year, ExxonMobil Chemical announced the start up of a new $20 million specialty compounding facility in Baton Rouge, Louisiana with an annual capacity of 40 thousand tons. This facility complements ExxonMobil Chemical’s compounding capability in Lillebonne, France and additional compounding capacity from regional service providers.
About ExxonMobil Chemical
ExxonMobil Chemical is a global leader in technology, product quality and customer service with petrochemical manufacturing and/or marketing operations around the world.
About Resin & Pigment Technologies Pte. Ltd.
Resin & Pigment Technologies Pte. Ltd. is a thermoplastic compounding company operating in the Asia Pacific region, and is a subsidiary of EnGro Corporation Limited.
EnGro is a leading slag-cement producer
in Singapore. Since 2005, the Group has strengthened the
supply-chain by leveraging on its GGBS joint venture production
base in China coupled with its Pulau Damar Laut bulk-terminal cum
logistics services undertaken by Top-Mix ready-mix concrete
EnGro has built 2 core businesses, namely the specialty cement and the specialty polymer. Operationally, it is driven by 2 growth engines supplemented by evergreen venture capital (VC) investment activity in technology-driven businesses.
Resin & Pigment Technologies (R&P) is one of the regions leading companies in customized polymer processing and compounding, offering solutions to enhance material performance as well as colour appearance for major polymer producers.
Established in 1989, R&P has since grown to become the preferred value creation partner with compounding expertise across a wide range of polymers for applications in the electrical, electronics, automotive, construction and civil engineering, household and consumer, packaging and agriculture sectors.
ExxonMobil to Invest at Record Levels to Meet Future Energy Demand
Exxon Mobil Corporation today announced plans to invest at record levels -- between $25 billion and $30 billion annually over the next five years -- to meet expected long-term growth in world energy demand.
“The global economy is currently experiencing a downturn, but at ExxonMobil we are focused on the long term,” Rex Tillerson, chairman and chief executive officer, said at an annual briefing for investment analysts at the New York Stock Exchange.
“ExxonMobil’s strong financial position, resulting from the strength of our business portfolio and our prudent approach to risk management and investment, enables us to develop new oil and gas projects, increase our production of higher value refined products and grow our chemical business.”
Tillerson outlined ExxonMobil’s major achievements in 2008 and plans for the future. Highlights include:
-- Production started at eight major projects in 2008, which at their peak are expected to add the net equivalent of 260,000 barrels per day to the company's production. A further nine major projects are expected to commence production in 2009, and at their peak are expected to add the net equivalent of an additional 485,000 barrels per day to production.
-- The company once again replaced more than 100 percent of production through proved reserves additions in 2008. It was the 15th consecutive year that the company's proved reserves additions have more than replaced production. In addition, net exploration acreage has been increased by about 40 percent since 2003.
-- In the downstream, the company is progressing plans to invest more than $1 billion in lower-sulfur diesel projects at three refineries in the US and Europe. Once complete in 2010, these projects will allow an increase in lower-sulfur diesel production of 140,000 barrels per day.
-- In the chemical business, the company has ramped up construction activity on world-scale petrochemical projects in China and Singapore, and continues to invest for specialty business growth, including a new plant in South Korea to manufacture lithium ion battery separator film to meet expected demand growth including batteries for hybrid and electric vehicles.
-- ExxonMobil continued its superior performance with a 2008 return on average capital employed of 34 percent, significantly higher than its closest competitor.
"ExxonMobil is strong, resilient, and well positioned for the future," said Tillerson.
“Our commitment to developing advanced technology, our industry-leading operational and project-management capabilities and exceptional employees continue to position the company as the partner of choice for resource owners around the world.”
This is the seventh year that ExxonMobil has made an annual presentation to analysts at the New York Stock Exchange.
March 16, 2009 Exxonmobil
ExxonMobil Makes Technology Investment in China
ExxonMobil Chemical Company announced today that it has made the final decision to build a technology center in Shanghai, China to provide product applications support for its growing business in the Chinese and Asian markets.
“Over the next 10 years, we expect roughly 60 percent of the world’s petrochemical growth to occur in Asia, and we are rapidly expanding our manufacturing footprint through major capacity additions in Fujian, China and Singapore," said Steve Pryor, president, ExxonMobil Chemical Company. "The decision to build a technology center in Shanghai reinforces our long-term commitment to China and the region. The new investment will support our growing sales of premium products by providing innovative solutions to customer needs.”
ExxonMobil Chemical is an industry leader in the development and application of premium products that add value through enhanced product performance, energy efficiency, pollution prevention and greenhouse gas emission reduction.
The new technology center will be built and operated by ExxonMobil Asia Pacific Research & Development Company Limited, and will be located in the Shanghai Zizhu Science-based Industrial Park. Laboratories and product demonstration facilities at the center will provide applications technical service and a range of applications development capabilities.
The selection of Shanghai as the site for its new technology center reflects the importance of China in the business development and growth plans for ExxonMobil Chemical Company.
“Asia, particularly China, provides unique growth opportunities for ExxonMobil,” said Robert C. Davis, vice president, Global Technology, ExxonMobil Chemical Company. “This is reflected in our decision to build ExxonMobil Chemical’s newest technology center in China. We look forward to better serving the needs of our customers in China and the region.”
The technology center in Shanghai is expected to be operational in 2010.