ExxonMobil to Produce Flagship Mobil 1 Synthetic Engine Oil in Singapore
16 September 2015 - 4:52AM
Business Wire
- New facility will be only Asia Pacific
location to manufacture world’s leading synthetic engine oil
brand
- Additional capacity supports growing
demand from automotive manufacturers and motorists
ExxonMobil is expanding its operations in Jurong to produce
synthetic lubricants, including Mobil 1TM, the company’s flagship
synthetic engine oil. The expansion will further strengthen the
company’s manufacturing capabilities and ability to meet the
growing demand for ExxonMobil synthetic products in the Asia
Pacific region.
When completed in the second half of 2017, the facility will be
the only plant in the Asia Pacific producing Mobil 1, the world’s
leading synthetic motor oil. The facility will be one of five
locations where Mobil 1 is produced.
“Mobil 1 is ExxonMobil’s most advanced synthetic engine oil,”
said Bennett Hansen, Asia Pacific lubricant sales director at
ExxonMobil. “Adding Singapore to our network of Mobil 1
manufacturing facilities will ensure customers’ needs are met well
into the future. The new Singapore facility will employ innovative
manufacturing technologies, demonstrating the company’s commitment
to bringing premium products and technology to the market.”
The lubricant plant, strategically located next to ExxonMobil’s
manufacturing site in Jurong, adds to the company’s increasing
lubricants and specialties production capabilities in Singapore.
The company, which has operated in Singapore for more than a
century, has continued to grow its integrated refining and
petrochemicals manufacturing site. The new production facility is
in addition to the company’s recently announced grease
manufacturing investment.
“ExxonMobil’s new synthetic lubricants plant will create yet
another competitive advantage for the company and it will
complement the existing lubricant additives industry here,” said
Damian Chan, Singapore Economic Development Board’s executive
director for energy and chemicals. “This investment reflects the
industry’s push toward higher value-added manufacturing operations
to meet growing middle-class demand for more sophisticated products
in Asia.”
Gan Seow Kee, ExxonMobil Asia Pacific chairman and managing
director, said: “The decision illustrates ExxonMobil’s continued
confidence in Singapore and the Asia-Pacific economy.
“Both the synthetic lubricants and grease investments underscore
the company's ongoing commitment to disciplined long-term
investments that improve our competitiveness and bring value to the
country.”
According to a recently completed analysis by Kline &
Company, Asia-Pacific demand for passenger car synthetic engine oil
is expected to grow more than eight percent between 2014 and 2024.
Globally, more and more vehicle manufacturers are choosing
synthetic oil for their vehicles. Currently, more than 35 vehicle
models including those produced by Porsche, Mercedes AMG and
General Motors, roll off the factory line featuring Mobil 1.
About ExxonMobil
ExxonMobil, the largest publicly traded international oil and
gas company, uses technology and innovation to help meet the
world’s growing energy needs. ExxonMobil holds an industry-leading
inventory of resources and is one of the world’s largest integrated
refiners, marketers of petroleum products and chemical
manufacturers. For more information, visit www.exxonmobil.com or
follow us on Twitter www.twitter.com/exxonmobil.
About ExxonMobil in
Singapore
ExxonMobil is one of Singapore’s largest foreign manufacturing
investors. The Singapore affiliate, ExxonMobil Asia Pacific Pte Ltd
(EMAPPL), owns and operates the Singapore refinery, which is
integrated with the Singapore chemical plant. Together, they form
ExxonMobil’s largest integrated manufacturing site. EMAPPL has an
extensive network of service stations under the Esso brand in
Singapore and is a supplier of cylinder cooking gas. It also serves
the commercial market with its industrial, aviation and marine
fuels and lubricants.
As a corporation, ExxonMobil is committed to addressing the
challenge of sustainability – balancing economic growth, social
development and environmental protection. In line with those
strategies, ExxonMobil and EMAPPL contribute to programs in
Singapore that support the arts and education, the community and
the environment. For more information, visit www.exxonmobil.com.sg
or follow us on Twitter www.twitter.com/exxonmobil_sg.
About Mobil 1
The world's leading synthetic motor oil brand, Mobil 1 features
anti-wear technology that provides performance beyond our
conventional motor oils. This technology allows Mobil 1 to meet or
exceed the toughest standards of car builders and to provide
exceptional protection against engine wear, under normal or even
some of the most extreme conditions. Mobil 1 flows quickly in
extreme temperatures to protect critical engine parts and is
designed to maximize engine performance and help extend engine
life.
For more information, visit www.mobiloil.com on Facebook at
www.facebook.com/mobil1 and on Twitter, @Mobil1.
Mobil and Mobil 1 are registered trademarks of Exxon Mobil
Corporation.
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version on businesswire.com: http://www.businesswire.com/news/home/20150915006826/en/
Media Contacts:Karen Wong, +65 6885 8275 (Singapore)orExxonMobil
Downstream Media Line:Christian Flathman, +1 832-625-4000 (United
States)
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