ExxonMobil Chemical Opens World-Scale Production Plant for Synthetic Base Stocks

  ExxonMobil Chemical Opens World-Scale Production Plant for Synthetic Base
  Stocks

  *Capacity to produce up to 50,000 tons of metallocene polyalphaolefins per
    year
  *Demonstrates commitment to a broad range and reliable supply of synthetic
    base stocks
  *Helps meet growing demand for advanced base stocks for innovative
    lubricants

Business Wire

HOUSTON -- March 28, 2014

ExxonMobil Chemical today announced the opening of its world-scale
manufacturing facility that will enable the company to produce up to 50,000
tons of SpectraSyn Elite metallocene polyalphaolefin (mPAO) synthetic
lubricant base stocks annually at its integrated refining and chemical complex
in Baytown, Texas.

ExxonMobil Chemical representatives attend ribbon cutting of new plant to make
synthetic lubricant b ...

ExxonMobil Chemical representatives attend ribbon cutting of new plant to make
synthetic lubricant base stocks in Baytown, Texas. (Photo: Business Wire)

“Our new Baytown manufacturing plant marks another significant milestone in
ExxonMobil Chemical’s history of technology leadership in advanced synthetic
base stock innovation,” said Russ Green, ExxonMobil Chemical global synthetics
business vice president. “This substantial investment extends our commitment
to providing customers with a reliable, global base stock supply to help them
achieve their goals. Since the introduction of our Esterex esters nearly 50
years ago, we have applied synthetic base stock technology to help our
customers meet changing market needs and increasing demands on lubricants.”

Developed using a proprietary metallocene catalyst process, SpectraSyn Elite
mPAO base stocks are scientifically engineered to offer improved performance
characteristics versus conventional PAO base stocks. These attributes include
higher viscosity index, improved shear stability and enhanced low-temperature
properties. SpectraSyn Elite mPAO can help formulators manufacture automotive
and industrial finished lubricants that offer greater durability, enhanced
energy efficiency and extended drain intervals.

“At ExxonMobil Chemical, we believe that innovative lubricants start with
using high-performing synthetic base stocks, such as SpectraSyn Elite mPAO,”
said Green. “That’s why we have invested in new technology and production
capacity at our Baytown chemical complex to support the expected long-term
global growth of synthetic automotive and industrial lubricants.”

ExxonMobil Chemical is among the world’s largest synthetic base stocks
providers, offering a wide selection of advanced synthetic base stock fluids,
including SpectraSyn and SpectraSyn Plus ^ PAOs, ^ Synesstic ^ alkylated
naphthalene and Esterex ester fluids.

ExxonMobil’s Baytown site is the largest integrated petrochemical complex in
the United States and is one of the most technologically advanced petroleum
and petrochemical complexes in the world. Founded in 1919, the complex is
located on approximately 3,400 acres along the Houston Ship Channel, about 25
miles east of Houston. The facility includes a refinery, two chemical plants,
an engineering office and a global technology center.

At its peak, the Baytown synthetic base stocks plant project, which began in
2011, employed over 700 construction-related workers.

To learn more visit:
Baytown SpectraSyn Elite announcement video and related information

                                    # # #

About ExxonMobil Chemical

ExxonMobil Chemical is one of the world’s premier petrochemical companies with
manufacturing, technology and marketing operations around the world. The
company delivers a broad portfolio of products and solutions efficiently and
responsibly, with a commitment to create outstanding customer and shareholder
value. ExxonMobil Chemical endorses the principles of sustainable development,
including the need to balance economic growth, social development and
environmental considerations. To learn more, visit www.exxonmobilchemical.com,
www.exxonmobilsynthetics.com or www.spectrasynelite.com

Note to Editors:

1. ExxonMobil, the ExxonMobil logo, Synesstic, Esterex, SpectraSyn, SpectraSyn
Plus and SpectraSyn Elite are trademarks of Exxon Mobil Corporation.

2. The term "ExxonMobil Chemical" refers collectively to some or all of the
companies affiliated with Exxon Mobil Corporation, and/or itself, which have
chemical manufacturing and/or marketing operations around the world.

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Contact:

ExxonMobil Chemical
Margaret Ross, 281-870-6607
 
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