Exxon Mobil Corporation (XOM)
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Advanced engine lubricants are one of the tools OEMs rely on to help meet ever-tightening emissions legislation. The need for formulations to deliver exceptional engine protection at lower viscosity grades is driving the demand for higher performance base stocks. And, although this quality shift is being seen on a global scale, the penetration of Group II in Europe has been relatively slow. However, base stock quality demands in Europe are changing due to OEM advancements, car population turnover and an overall change in consumer buying patterns.
Startup is planned for Q4with commercialisation of the products in early The investment in expanding Group II capacity exxon stock market performance the Rotterdam refinery is clearly good news for European customers.
This not only reduces complexity but also saves them time and money. Construction has kicked off and completion is anticipated in With these Group II capacity additions on exxon stock market performance horizon, Insight was keen to learn how the new products fit into the future base stock product portfolio and whether they spell the phasing down of Group I production. As such, ExxonMobil says it is committed to providing customers with a reliable supply of Exxon stock market performance I.
Although ExxonMobil anticipates a decline in demand for Group I base stocks, they will continue to be relevant and favoured for specific formulations well into As the automotive world looks for contributions to fuel economy improvements from lubricants, we wanted to understand the optimum outlet for the Group II products from a viscosity grade standpoint.
The most successful suppliers are those that plan ahead and maintain exxon stock market performance as the industry and customers evolve. Walko believes that conversion technology and lubricant know-how are becoming increasingly important as the market exxon stock market performance towards higher performance base stocks.
Structural superlubricity New workhorse for the global base stock industry North American specification update. Vacuum fractionation tower at Rotterdam. Leveraging deep value chain knowledge The right level of insight to help customers adapt to changing technologies and engine oil specifications.
Ongoing investment A robust network of strategically placed refineries to ensure supply security, efficiency and cost effective product distribution. Exxon stock market performance at the cutting edge of technology Use of the best manufacturing technology and finished lubricant practices available.
Putting the customer first Adjust and adapt to customer needs and offer reliable advice backed by deep expertise and experience. What to see next Base Stocks Europe stocks up. The right level of insight to help customers adapt to changing technologies and engine oil specifications.
A robust network of strategically placed refineries to ensure supply security, efficiency and cost effective product distribution.
Adjust and adapt to customer needs exxon stock market performance offer reliable advice backed by deep expertise and experience.