ExxonMobil to Expand High-Performance Synthetic Lubricants Capacity in Louisiana

  ExxonMobil to Expand High-Performance Synthetic Lubricants Capacity in
  Louisiana

  *New facilities to include synthetic base stocks manufacturing and finished
    lube blending and packaging
  *More than $200 million investment to meet expected growth in product
    demand
  *Project will create construction and full-time jobs

Business Wire

BATON ROUGE, La. -- September 27, 2012

ExxonMobil is investing more than $200 million to expand its Baton Rouge
chemical and lubricants plants to increase capacity for synthetic lubricant
base stocks manufacturing and lubricants blending, packaging and storage.

The expansion will increase ExxonMobil’s worldwide capacity of synthetic
esters and alkylated naphthalene by more than 25 percent to meet the demand
for high-performance lubricants made with these advanced products. The project
will include construction of a state-of-the-art blending center for synthetic
aviation oil at ExxonMobil’s lubricant blending plant in Port Allen, La.

"ExxonMobil continues to invest in its operations in Louisiana,” said Paul
Stratford, manager of the Baton Rouge chemical plant. “Over the past three
years, the corporation’s capital expenditures in the state exceeded $930
million. These investments help create jobs and contribute to the economic
growth of the state and the region.”

Construction is expected to begin in late 2012. The project will create more
than 400 direct construction jobs and the facilities will provide 45 new
full-time local jobs when production begins in 2014.

This expansion project will make ExxonMobil’s Baton Rouge chemical plant the
world’s largest producer of synthetic esters and alkylated naphthalene, which
are used by producers and marketers of a wide variety of finished lubricants
that include vehicle motor oils, gear oils and greases, as well as specialized
lubricants for aviation, marine and industrial applications.

The new facilities in Baton Rouge will replace ExxonMobil’s existing base
stock manufacturing and aviation lubricants blending, packaging and storage
operations in Edison, New Jersey, which will continue production until the new
facilities in Louisiana begin operation.

“The new aviation lubricants blending center reflects our continuing
commitment to safe and reliable supply of aviation and other lubricant
products,” said Julius Bedford, manager of ExxonMobil’s lubricant blending
plant in Port Allen, La. The 8.3-acre facility will manufacture more than 145
lubricant products and have an annual throughput of more than 90 million
gallons.

The expansion, coupled with the new metallocene polyalpholefins plant under
construction at ExxonMobil’s chemical complex in Baytown, Texas, positions the
company to meet long-term demand growth for high-performance lubricants which
deliver greater energy efficiency, improved durability and extended drain
intervals.

ExxonMobil operates 32 facilities in Louisiana with an annual payroll of more
than $400 million. The company’s presence in the state includes more than
11,000 employees, retirees and contractors. ExxonMobil is one of Louisiana’s
largest taxpayers, paying more than $116 million in annual state and local
taxes. The company also provided more than $6 million in contributions to
charitable and civic organization in Louisiana last year.

More on ExxonMobil Chemical synthetic esters: Esterex™ esters add enhanced
lubricating properties along with low volatility and good solubility
characteristics to engine and industrial lubricant applications; Synesstic™ AN
(Alkylated Naphthalene) blendstocks are outstanding base fluids and
blendstocks for lubricants in a variety of automotive and industrial
applications. Lubricants formulated with Synesstic AN can be more stable and
higher performing.

More information about ExxonMobil’s Baton Rouge Chemical Plant is available at
this link:
http://www.exxonmobil.com/NA-English/PA/about_where_ref_br_chemical.aspx.

More information about ExxonMobil’s Port Allen Lubricants Plant is available
at this link:
http://www.exxonmobil.com/NA-English/PA/about_where_ref_br_portallen.aspx.

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 the largest
refiner and marketer of petroleum products, and its chemical company is one of
the largest in the world. Follow ExxonMobil on Twitter at
www.twitter.com/exxonmobil.

Contact:

Baton Rouge, 225-977-8393
or
Houston, 281-870-6607
 
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