ExxonMobil to begin reconfiguration project

The strategic investment is planned to start up in 2028 and will support the continued delivery of essential energy products while allowing greater flexibility to meet future demand.

As gasoline demand declines over time, the need for high quality base stocks and liquid fuels, especially diesel, will remain strong. This investment allows ExxonMobil to shift production toward these higher-value products. Specifically, the investment enables the expansion of the product offering to include high-quality Group III base stocks, key building blocks for lubricants.

ExxonMobil’s product solutions portfolio is highly integrated, with more than 80% of sites having co-located refining and petrochemical operations – an advantage that improves profitability and reduces costs across chemicals, lubricants, and fuels. The company will also evaluate similar reconfigurations at other US Gulf Coast sites.

Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/27082025/exxonmobil-to-begin-reconfiguration-project/