Views: 7 Author: Site Editor Publish Time: 2019-09-13 Origin: Site
Source: China National Chemical News September 09, 2019
Recently, ExxonMobil announced that in order to meet customer needs, the company will significantly increase the production capacity of low-viscosity poly-α-olefin synthetic base oil, and further enhance the reliability of the global supply chain network.
Prior to this, ExxonMobil has significantly increased France's low-viscosity PAO production capacity, with a total plant capacity of 105,000 tons per year. In addition, to optimize the delivery of goods, the company upgraded and expanded its global supply chain and transportation system.
Hesham Omar, Vice President of ExxonMobil's Synthetic Base Oil Division, said: \"Customers' demand for high-performance synthetic base oils is increasing, and their supply reliability requirements are also increasing. In the future, ExxonMobil will further Investing in production facilities and expanding supply chain capabilities enable us not only to maintain the leading position in the base oil industry, but also to enable our customers to achieve long-term goals in the process of developing their businesses.\"
The synthetic lubricants market is expected to grow by more than 20% from 2017 to 2021. ExxonMobil has four production bases for Group IV and Group V base oils, and supplies more than 350,000 tons of base oil products of all grades every year.