ExxonMobil increases synthetic base stock capacity
Featured Product from ExxonMobil Chemical Company – Synthetics Base Stocks
ExxonMobil Responds To Customer Needs, Increases Synthetic Base Stock Production
Capacity, While Strengthening Supply Chain Network
? Drive towards higher efficiency and sustainable solutions increases demand for low viscosity polyalphaolefin (LoVis PAO) synthetic base stocks
? ExxonMobil significantly increases LoVis PAO production capacity in Europe
? Improved customer experience and increased supply reliability for customers globally
HOUSTON, Texas – ExxonMobil Chemical Synthetics announced today it is responding to customer needs by significantly increasing low viscosity polyalphaolefin synthetic base stocks production capacity and further improving the reliability of its global supply chain network.
Investment in manufacturing facilities has resulted in significantly increased LoVis PAO production capacity in France, bringing total plant capacity to 105 kilo-tons per year. In addition, to help improve delivery and reliability for customers, the company upgraded and expanded its worldwide supply hubs and transportation systems.
“Our customers demand a growing reliable supply of high performance synthetic base stocks that enable them to innovate confidently.” said Hesham Omar, vice president of ExxonMobil Synthetics. “Investing in our production facilities and supply chain capabilities allows us to stay at the forefront of the base stocks industry and meet our customer’s long-term ambitions as they grow their business.”
The synthetic lubricant market is forecasted to grow by over 20 percent* between 2017 and 2021.
ExxonMobil Synthetics has four Group IV and V base stock manufacturing facilities supplying over 350 kilo-tons across all grades to ensure global supply leadership capabilities. This has enabled ExxonMobil Synthetics to build a strong reputation of unsurpassed supply reliability and quality.
Global leadership in manufacturing capacity:
- Low-viscosity PAO – an annual global capacity of 209,000 tons
- High-viscosity PAO – an annual global capacity of 92,000 tons
- Esters and Alkylated Naphthalenes – an annual global capacity of 67,000 tons
An increase in production capacity is supported by continual improvements in our supply chain network. ISO hubs have been expanded, inventory has been forward-deployed in crucial areas and a renewed emphasis has been placed on planning and optimizing trucking, shipping and rail operations while upgrading carriers, all supported by a very robust and proven business continuity planning (BCP). This results in a stable, secure and growing supply of synthetic base stocks on a global scale, improved
delivery speed and increased supply reliability for customers.
“The market continuously evolves and this continued investment in our capabilities positions us to meet our customer’s long-term needs as they grow their business. As adoption of metallocene synthetic base stocks increases across industrial, automotive and wind turbine markets, we have invested over half a billion dollars in plant capacity improvements in the last five years,” said Omar. “Our synthetic base stocks help formulators create lubricants that are more energy efficient, work under more severe operating conditions, offer extended drain intervals and provide advanced lubricant performance and outstanding equipment protection.”
*Data courtesy of Kline and Company