ExxonMobil to Expand Ultra-Low Sulfur Diesel Production at Fawley Refinery
24 Abril 2019 - 09:00AM
Business Wire
- Project to increase production of
ultra-low sulfur diesel by almost 45 percent
- New hydrogen plant will help improve
refinery’s energy efficiency
- Ultra-low sulfur fuels lead to improved
air quality when powering the latest technology
ExxonMobil said today that it has made a final investment
decision to expand the Fawley refinery in the United Kingdom to
increase production of ultra-low sulfur diesel by almost 45
percent, or 38,000 barrels per day, along with logistics
improvements.
“ExxonMobil continues to invest in the Fawley refinery and
chemical plant, Britain’s largest integrated facility,” said Bryan
Milton, president of ExxonMobil Fuels and Lubricants Company. “This
investment will make Fawley refinery the most efficient in the
United Kingdom, supporting Esso’s industry-leading logistics and
fuels marketing operations.”
The investment will help reduce the need to import diesel into
the United Kingdom, which imported about half of its supply in
2017.
The more than $1 billion investment includes a hydrotreater unit
to remove sulfur from fuel, supported by a hydrogen plant, which
combined will also help improve the refinery’s overall energy
efficiency. Ultra-low sulfur fuels lead to improved air quality
when powering the latest technology engines on tractor-trailers,
buses, marine vessels and off-road equipment.
Detailed engineering and design is underway. Construction is
scheduled to begin in late 2019, subject to regulatory approval,
and startup is expected in 2021. At its peak, building activity
will support up to 1,000 construction jobs.
Located on Southampton Water, the Fawley site also has strategic
access to distribution logistics across southern England and export
access to other markets in Europe and the Atlantic basin.
Alongside recent investments at ExxonMobil’s refineries on the
U.S. Gulf Coast, Rotterdam, Antwerp, and Singapore, the project
will contribute to ExxonMobil’s announced plans to significantly
increase the earnings potential of its downstream business by
2025.
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, is one of the largest refiners and
marketers of petroleum products, and its chemical company is one of
the largest in the world. For more information, visit
www.exxonmobil.com or follow us on Twitter
www.twitter.com/exxonmobil.
Cautionary Statement: Statements of
future events or conditions in this release are forward-looking
statements. Actual future results, including project plans,
schedules, timing, and capacities and economic and environmental
outcomes could differ materially due to changes in market
conditions affecting the oil and gas industry or long-term oil and
gas price levels; political or regulatory developments including
changes in environmental regulations and obtaining necessary
government permits; timely completion of construction projects;
future technological developments; technical or operating factors;
the outcome of commercial negotiations; and other factors cited
under the caption “Factors Affecting Future Results” on the
Investors page of our website at exxonmobil.com. The term “project”
as used in this release can refer to a variety of different
activities and does not necessarily have the same meaning as in any
government payment transparency reports.
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