ExxonMobil expands Exxsol hydrocarbon fluids plant capacity

Oct 03, 2008 (Datamonitor via COMTEX) -- XOM | Quote | Chart | News | PowerRating -- The ExxonMobil Chemical Company has completed a 130,000 tons-per-year capacity expansion at its Exxsol hydrocarbon fluids plant on the Jurong Island of Singapore, increasing capacity at this site to more than 500,000 tons per year.

The expanded capacity is designed to meet demand for differentiated hydrocarbon fluid products in Asia-Pacific, which is reported to be growing at a rate of 6% per year.

The capacity expansion is expected to provide customers access to higher volumes of ExxonMobil Chemical's Exxsol series of differentiated fluids, and its broader portfolio of hydrocarbon fluids including Isopar and Solvesso.

Exxsol fluids are formulated to meet diverse customer needs in applications such as drilling mud oil, metal working, polymer processing, industrial cleaning, adhesives, coatings, household products and mining.

Elissa Sterry, vice president of intermediates global business at the ExxonMobil Chemical Company, said: "This expansion reinforces ExxonMobil Chemical's commitment to meeting the hydrocarbon fluid needs of its global customers and those in Asia-Pacific where growth is particularly strong."

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