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November_December 2017 2017

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ExxonMobil Completes New Grease and Synthetic Lubricants Facilities in Singapore

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ExxonMobil announced today that it has completed its expansion project in Jurong to increase production of grease and synthetic lubricants, including Mobil, the company’s flagship synthetic engine oil. The milestone was recognized at an opening ceremony attended by Singapore Economic Development Board managing director Yeoh Keat Chuan.

The expansion of the Jurong lubricant plant further strengthens the company’s manufacturing capabilities and its ability to meet the growing demand for grease and synthetic lubricants products in the Asia Pacific region.

“These new grease and synthetic lubricants production facilities are strategically located close to key Asia Pacific markets, ensuring the reliable supply of these premium products to our customers,” said Teoh Song Ping, Asia Pacific lubricant sales director at ExxonMobil. “Our advanced lubricating oils and greases contribute to society’s broader sustainability objectives by helping to increase equipment operating efficiency and engine fuel economy, which contribute to reduced energy and resource use, as well as lower emissions.”

The grease plant started production in January 2017, and the synthetics plant, which was completed in March, started production in April following a successful commissioning.

“The expansion of ExxonMobil’s Jurong lubricant plant is a good example of companies taking advantage of Singapore as a strategic base to capture growth opportunities in Asia,” Yeoh said. “The synthetic lubricants and grease plants underscore Singapore’s emphasis on higher value-added manufacturing activities as we continue growing the chemicals sector in a competitive and sustainable manner.”

“These new production facilities demonstrate the company’s commitment to long-term investments here in Singapore,” said ExxonMobil Asia Pacific chairman and managing director Gan Seow Kee. “The expansion of our Jurong lubricant plant both strengthens ExxonMobil’s integrated manufacturing base and helps improve the competitiveness of our business and the industry in Singapore.”

“India’s economy continues to grow with significant opportunities across industries. One of the biggest market opportunities is within the automotive sector fueled by the growing middle class consumer segment who look for high quality lubricant solutions for their vehicles. Other industries such as general manufacturing also stand to benefit from increased product demand. The proximity of the new synthetic lubricants and grease plants in Singapore offer our customers in India an enhanced value chain with reliable supply and more efficient delivery.” – Deepankar Banerjee, Chief Executive Officer, ExxonMobil Lubricants Pvt Ltd

Business | News published on 12 / 06 / 2017 by Rashmi Nargundkar

Comments in this news Add yours


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Posted on 12 / 06 / 2017 | www.trustmypaper.com

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Posted on 12 / 06 / 2017 | Paperenglish

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