ExxonMobil announced has
that it has completed its expansion project in Jurong to increase production of
grease and synthetic lubricants, including Mobil 1, the company’s flagship
synthetic engine oil. The milestone was recognized at an opening ceremony
attended by Singapore Economic Development Board managing director Yeoh Keat
Chuan.
The expansion of the
Jurong lubricant plant further strengthens the company’s manufacturing
capabilities and its ability to meet the growing demand for grease and
synthetic lubricants products in the Asia Pacific region.
“These new grease and
synthetic lubricants production facilities are strategically located close to
key Asia Pacific markets, ensuring the reliable supply of these premium
products to our customers,” said Teoh Song Ping, Asia Pacific lubricant sales
director at ExxonMobil. “Our advanced lubricating oils and greases contribute
to society’s broader sustainability objectives by helping to increase equipment
operating efficiency and engine fuel economy, which contribute to reduced
energy and resource use, as well as lower emissions.”
The grease plant
started production in January 2017, and the synthetics plant, which was
completed in March, started production in April following a successful
commissioning.
“The expansion of ExxonMobil’s Jurong lubricant plant
is a good example of companies taking advantage of Singapore as a strategic
base to capture growth opportunities in Asia,” Yeoh said. “The synthetic
lubricants and grease plants underscore Singapore’s emphasis on higher
value-added manufacturing activities as we continue growing the chemicals
sector in a competitive and sustainable manner.”
“These new production
facilities demonstrate the company’s commitment to long-term investments here
in Singapore,” said ExxonMobil Asia Pacific chairman and managing director Gan
Seow Kee. “The expansion of our Jurong lubricant plant both strengthens
ExxonMobil’s integrated manufacturing base and helps improve the
competitiveness of our business and the industry in Singapore.”
No comments:
Post a Comment
Thanks for posting your comments. Do continue to visit
http://blogspot.siliconvillage.net for more news, features and interviews in business, technology, gadgets related areas.