Related Keywords: boost aromatics production, Exxon Mobil Corp acquire refining and petrochemical plant, including paraxylene, JAC, meet demand in Asia, owned by Jurong Aromatics, raw material for textiles
Exxon Mobil Corp acquires refining and petrochemical plant owned by Jurong Aromatics (JAC) in Singapore to boost its aromatics production in Singapore to more than 3.5 million tonnes per year (tpy), including 1.8 million tpy of paraxylene, a raw material for textiles and bottles to meet demand in Asia.
The company expects to complete the transaction in the second half of 2017.
Gan Seow Kee, chairman and managing director of ExxonMobil Asia Pacific Pte Ltd. said that the plant will be integrated with Exxon Mobil’s existing petroleum complex on Jurong Island.
