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
SINGAPORE--(BUSINESS WIRE)--Sep. 15, 2015--
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.
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,
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
View source version on businesswire.com: http://www.businesswire.com/news/home/20150915006826/en/
Source: Exxon Mobil Corporation
Karen Wong, +65 6885 8275 (Singapore)
Downstream Media Line:
Christian Flathman, +1 832-625-4000 (United