ExxonMobil to Expand Ultra-Low Sulfur Fuels Production at Beaumont Refinery
July 26 2016 - 10:00AM
Business Wire
- Production of ultra-low sulfur diesel
and gasoline to expand by more than 40,000 barrels per day
- Proprietary technology removes sulfur
and yields product with minimal octane loss
- Investment will ensure gasoline meets
latest environmental standards
ExxonMobil today announced plans to increase production of
ultra-low sulfur fuels at its Beaumont refinery by approximately
40,000 barrels per day, further strengthening its integrated
downstream portfolio while meeting environmental standards.
Construction is scheduled during the second half of 2016 to
install a selective cat naphtha hydrofining unit, which uses a
proprietary catalyst system to remove sulfur while minimizing
octane loss. Startup of the flexible technology, known as
SCANfining, is expected in 2018. Gasoline produced using this
technology will meet the U.S. Environmental Protection Agency’s
Tier 3 gasoline sulfur specifications.
“ExxonMobil continues to strengthen its portfolio of world-class
refining assets,” said Steve Cope, director of North America
refining, for ExxonMobil. “This investment further enhances the
competitiveness of our U.S. Gulf Coast refineries.”
Installation of the selective cat naphtha hydrofining unit is
the facility’s second expansion project in a year, following the
announcement of the Beaumont refinery’s capacity expansion in 2015,
and demonstrates ExxonMobil’s long-term view and disciplined
approach toward advantaged business investments. Beaumont is well
positioned to competitively supply high-demand growth markets
around the U.S. in the face of a challenging industry
environment.
“This specialized unit will improve our product yield, and
demonstrates our technology advantage and focus on increasing
energy efficiency,” said Fernando Salazar, manager of the Beaumont
refinery. “This project represents the largest capital investment
in our Beaumont refinery operations in more than a decade, and will
benefit the local economy with both temporary and full-time
jobs.”
About ExxonMobil Refining & Supply
ExxonMobil Refining & Supply and its stewarded affiliates
operate a global network of reliable and efficient manufacturing
plants, transportation systems, and distribution centers that
provide a range of fuels, lubricants, and other high-value products
and feedstocks to our customers around the world.
About Beaumont Refinery
ExxonMobil’s Beaumont refinery is part of the company’s
integrated operations in Beaumont, Texas, which includes a 345,000
barrel-per-day capacity refinery, as well as chemical, lubricants
and polyethylene plants. ExxonMobil has approximately 2,100 area
employees, and its operations account for approximately 1 in every
7 jobs in the region. A 20,000 barrel-per-day expansion of the
refinery’s crude processing ability, announced in 2015, is
currently under way.
Cautionary Statement: Statements of future events or conditions
in this release are forward-looking statements. Actual future
results, including project plans, timing and capacities and the
impact of new technologies, could vary depending on changes in
long-term market prices for oil, gas and refined products; the
development and competitiveness of alternative technologies;
technical and operating factors; political and regulatory
developments including changes in environmental regulations; and
other factors discussed in this release and under the heading
“Factors Affecting Future Results” on the Investors page of
ExxonMobil’s website at exxonmobil.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160726005387/en/
Media LineTodd Spitler, 832-624-4000
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