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ExxonMobil Chemical to acquire Jurong Aromatics' plant in Singapore

Plant will enable cost-competitive growth of ExxonMobil's strategic aromatics business

BS B2B Bureau  |  Singapore 

ExxonMobil Chemical Company has signed an agreement with Jurong Aromatics Corporation Pte Ltd to acquire its plant located on Jurong Island in Singapore.  The plant, one of the largest in the world with an annual production capacity of 1.4 million tonnes, presents operational and logistical synergies for ExxonMobil’s integrated refining and petrochemical complex nearby. The company expects to complete the transaction in the second half of 2017.  “As a leading global manufacturer of aromatics, the addition of this aromatics plant to our existing ...

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First Published: Thu, May 11 2017. 15:59 IST
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ExxonMobil Chemical to acquire Jurong Aromatics' plant in Singapore

Plant will enable cost-competitive growth of ExxonMobil's strategic aromatics business

Plant will enable cost-competitive growth of ExxonMobil's strategic aromatics business ExxonMobil Chemical Company has signed an agreement with Jurong Aromatics Corporation Pte Ltd to acquire its plant located on Jurong Island in Singapore.  The plant, one of the largest in the world with an annual production capacity of 1.4 million tonnes, presents operational and logistical synergies for ExxonMobil’s integrated refining and petrochemical complex nearby. The company expects to complete the transaction in the second half of 2017.  “As a leading global manufacturer of aromatics, the addition of this aromatics plant to our existing ... image
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ExxonMobil Chemical to acquire Jurong Aromatics' plant in Singapore

Plant will enable cost-competitive growth of ExxonMobil's strategic aromatics business

ExxonMobil Chemical Company has signed an agreement with Jurong Aromatics Corporation Pte Ltd to acquire its plant located on Jurong Island in Singapore.  The plant, one of the largest in the world with an annual production capacity of 1.4 million tonnes, presents operational and logistical synergies for ExxonMobil’s integrated refining and petrochemical complex nearby. The company expects to complete the transaction in the second half of 2017.  “As a leading global manufacturer of aromatics, the addition of this aromatics plant to our existing ...

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