ILMA Compoundings January 2017 - 14
How ExxonMobil
Keeps Pace in
an Expanding
Global Market
I
n the global oils market, environmental impact and regulations are points of focus across continents and waters. When a
company is looking to expand within global oils and lubricant
markets, new facilities and capabilities that demonstrate an effort
to become more energy efficient and environmentally aware have
an immense advantage. When a company is able to meet a global
market's growing demand (such as for cleaner, higher-value base
stocks) using limited or even existing resources, thereby increasing
the company's efficiency, it is even more likely that the company
will benefit.
ExxonMobil's refinery in Rotterdam, Netherlands, operated
by Esso Nederland BV, is already one of the most energy-efficient refineries in Europe. In June 2016, ExxonMobil began
construction on a new hydrocracker. The unit will upgrade
heavier hydrocarbon byproducts into cleaner, higher-value
finished products such as EHC™ Group II base stocks and
ultra-low sulfur diesel.
The expansion will also enable ExxonMobil's proprietary
hydrocracking technology to produce EHC™ Group II base
stocks in Europe for the first time. This project will increase the
refinery's energy efficiency even further, by five percent.
"Despite a challenging industry environment, we are
committed to our long-term strategy of investing in projects
in advantaged locations where we can continue to increase
competitiveness and profitability," says Jerry Wascom, president
of ExxonMobil Refining & Supply Co.
The base stocks that will be produced at Rotterdam are
designed to help lubricant blenders achieve greater formulation
flexibility and simplify global qualification testing. ExxonMobil's EHC product line will enable customers to cost-effectively
14
JANUARY 2017
| COMPOUNDINGS | ILMA.ORG
blend a broad range of finished lubricants to meet evolving
industry requirements. The Rotterdam hydrocracker project,
coupled with the refinery's advantageous location in an integrated petrochemical cluster, further shows ExxonMobil's determination to grow value for customers around the globe.
Investing in refinery expansion projects, rather than looking
to new parts of the world to break ground, has proved to be
beneficial for ExxonMobil. This ought to be a clue for other
companies as to how a business in the global oil and lubricants
market can benefit in more ways than one. Expanding current
refineries and capabilities in ways that improve energy efficiency
and produce more environmentally sound products that meet
increasingly stringent environmental standards is how companies like ExxonMobil are succeeding in an ambitious and
ever-changing global market.
Photos courtesy of ExxonMobil
INDUSTRY RUNDOWN
Perspective
http://www.ILMA.ORG
ILMA Compoundings January 2017
Table of Contents for the Digital Edition of ILMA Compoundings January 2017
Letter from the CEO
Inside ILMA
What's Coming Up
Industry Rundown: International Insight
Industry Rundown: Market Report
Industry Rundown: Perspective
Industry Rundown: In the Know
Beth Ann Jones & ILMA: A Family Matter
Squeaky Wheels
Infineum Perspective
Business Hub
Counsel Compound
Washington Landscape
State of the States
In Network: Member Connections
In Network: Cross Connections
Portrait
ILMA Compoundings January 2017 - Cover1
ILMA Compoundings January 2017 - Cover2
ILMA Compoundings January 2017 - 1
ILMA Compoundings January 2017 - 2
ILMA Compoundings January 2017 - Letter from the CEO
ILMA Compoundings January 2017 - Inside ILMA
ILMA Compoundings January 2017 - 5
ILMA Compoundings January 2017 - What's Coming Up
ILMA Compoundings January 2017 - 7
ILMA Compoundings January 2017 - Industry Rundown: International Insight
ILMA Compoundings January 2017 - 9
ILMA Compoundings January 2017 - 10
ILMA Compoundings January 2017 - 11
ILMA Compoundings January 2017 - Industry Rundown: Market Report
ILMA Compoundings January 2017 - 13
ILMA Compoundings January 2017 - Industry Rundown: Perspective
ILMA Compoundings January 2017 - Industry Rundown: In the Know
ILMA Compoundings January 2017 - Beth Ann Jones & ILMA: A Family Matter
ILMA Compoundings January 2017 - 17
ILMA Compoundings January 2017 - 18
ILMA Compoundings January 2017 - 19
ILMA Compoundings January 2017 - 20
ILMA Compoundings January 2017 - 21
ILMA Compoundings January 2017 - 22
ILMA Compoundings January 2017 - 23
ILMA Compoundings January 2017 - Squeaky Wheels
ILMA Compoundings January 2017 - 25
ILMA Compoundings January 2017 - 26
ILMA Compoundings January 2017 - 27
ILMA Compoundings January 2017 - Infineum Perspective
ILMA Compoundings January 2017 - 29
ILMA Compoundings January 2017 - 30
ILMA Compoundings January 2017 - 31
ILMA Compoundings January 2017 - Business Hub
ILMA Compoundings January 2017 - 33
ILMA Compoundings January 2017 - 34
ILMA Compoundings January 2017 - 35
ILMA Compoundings January 2017 - Counsel Compound
ILMA Compoundings January 2017 - 37
ILMA Compoundings January 2017 - 38
ILMA Compoundings January 2017 - Washington Landscape
ILMA Compoundings January 2017 - State of the States
ILMA Compoundings January 2017 - 41
ILMA Compoundings January 2017 - In Network: Member Connections
ILMA Compoundings January 2017 - 43
ILMA Compoundings January 2017 - In Network: Cross Connections
ILMA Compoundings January 2017 - 45
ILMA Compoundings January 2017 - 46
ILMA Compoundings January 2017 - 47
ILMA Compoundings January 2017 - Portrait
ILMA Compoundings January 2017 - Cover3
ILMA Compoundings January 2017 - Cover4
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