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HOUSTON, Texas (September 24, 2007) – ExxonMobil Chemical today announced it will invest in an expansion of its Rotterdam Aromatics Plant. The expansion will make this world-scale plant ExxonMobil’s largest paraxylene production facility, increasing its paraxylene production capacity by 25 percent and benzene production capacity by 20 percent.
"This investment demonstrates ExxonMobil’s ongoing commitment to meet growing customer demand for these products and is part of the company’s strategy to develop world-scale, highly integrated chemical facilities with globally competitive cost structures,” said Matt Aguiar, Basic Chemicals Global Business vice president, ExxonMobil Chemical Company. “The new unit will benefit from integration with existing facilities and capture a number of synergies with the base plant."
In addition, the new unit will employ ExxonMobil’s proprietary PxMaxSM technology to produce paraxylene and benzene. The PxMax process improves selectivity, generates less waste and reduces energy requirements versus existing technologies.
This expansion project, which will be owned and operated by ExxonMobil Chemical Holland B.V., is targeted to help meet growing European demand for paraxylene and benzene. Construction for the expansion project will commence this year.
To find out more about ExxonMobil Chemical, visit www.exxonmobilchemical.com.
About Paraxylene
Paraxylene is one of the fastest-growing petrochemicals and the main raw material for polyester fibers and polyethylene terephthalate (PET) recyclable bottles.
About Benzene
Benzene is a primary building block for a broad array of products ranging from nylon to polystyrene.
Editor’s notes:- ExxonMobil, the ExxonMobil logo, and the interlocking X are trademarks of Exxon Mobil Corporation and PxMax is a trademark and a service mark of ExxonMobil Corporation. PxMax is a proprietary process name of ExxonMobil.
- The terms "we", "our", "ExxonMobil", and "ExxonMobil Chemical” are used for convenience and may include any one or more of ExxonMobil Chemical Company, ExxonMobil Chemical Technology Licensing LLC, Exxon Mobil Corporation or some or all of the companies affiliated with Exxon Mobil Corporation with chemical manufacturing and/or marketing operations throughout the world.
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