Related Keywords: acquire a refining petrochemical complex, boost fuel and chemical production in Asia, ExxonMobil, in talks with Singapore firm, in the world at one million tons per year, proposed JAC acquisition will boost ExxonMobil paraxylene capacity, Singapore already ExxonMobil biggest paraxylene production base
ExxonMobil is in talks with Singapore firm to acquire a refining-petrochemical complex in Singapore that could boost its fuel and chemical production in Asia.
Singapore is already ExxonMobil’s biggest paraxylene production base in the world at 1 million tons per year (tpy), according to its 2016 annual report.
The proposed JAC acquisition will boost ExxonMobil’s paraxylene capacity to 1.8 million tpy and add another 2.5 million tpy of oil products output.
