ExxonMobil produce flagship Mobil 1 synthetic engine oil in Singapore

ExxonMobil to produce flagship Mobil 1 synthetic engine oil in Singapore

7:40 AM, 16th September 2015
ExxonMobil to produce flagship Mobil 1 synthetic engine oil in Singapore

SINGAPORE: ExxonMobil Corp is expanding its operations in Jurong to produce synthetic lubricants, including Mobil 1, the company’s flagship synthetic engine oil. The expansion will enable the company to meet growing demand for ExxonMobil synthetic products in the Asia Pacific region, it said.

To be completed in the second half of 2017, the facility will be the only plant in Asia Pacific producing Mobil 1, a leading synthetic motor oil. The facility will be one of five locations where Mobil 1 is produced, the company said.

“Mobil 1 is ExxonMobil’s most advanced synthetic engine oil. Adding Singapore to our network of Mobil 1 manufacturing facilities will ensure customers’ needs are met well into the future. The new facility will employ innovative manufacturing technologies,” said Bennett Hansen, lubricant sales director, Asia Pacific, ExxonMobil.

The lubricant plant, strategically located next to ExxonMobil’s manufacturing site in Jurong, adds to the company’s increasing lubricants and specialties production capabilities in Singapore. The new production facility is in addition to the company’s recently announced grease manufacturing investment.

“This investment reflects the industry’s push toward higher value-added manufacturing operations to meet growing middle-class demand for more sophisticated products in Asia,” said Damian Chan, executive director for energy and chemicals, Singapore economic development board.

“Both the synthetic lubricants and grease investments underscore the company’s ongoing commitment to disciplined long-term investments that improve our competitiveness,” said Gan Seow Kee, chairman and managing director, Asia Pacific, ExxonMobil.

According to a recently completed analysis by Kline & Company, Asia-Pacific demand for passenger car synthetic engine oil is expected to grow more than eight percent between 2014 and 2024. Globally, more and more vehicle manufacturers are choosing synthetic oil for their vehicles. Currently, more than 35 vehicle models including those produced by Porsche, Mercedes AMG and General Motors, roll off the factory line featuring Mobil 1.

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