IRVING, Texas, Feb. 29 /PRNewswire/ -- ExxonMobil (NYSE: XON) today
announced the start of construction of its new delayed coker at the Baytown
Refinery. The new delayed coker and related facilities will enable ExxonMobil
to better process heavy crude oil feedstocks, including Maya crude, which will
be delivered to the Baytown Refinery under terms of a supply agreement with
Petroleos Mexicanos (Pemex). The 40,000 barrel-per-day coker will also allow
the refinery to eliminate the production of low value, heavy fuel oil and
increase production of higher valued, cleaner burning fuels. The Baytown
Refinery processes approximately 465,000 barrels of crude per day.
Under an agreement that was signed in September 1998, Pemex will supply
65,000 barrels per day of Maya crude oil to the refinery. This will provide
an additional supply of competitively priced heavy crude oil for ExxonMobil
and further improve the competitiveness of ExxonMobil's Baytown manufacturing
complex, already one of the largest in the U.S. with fuels conversion, lubes
and petrochemical facilities.
Four firms were selected to build the coker and related facilities:
Bechtel Corporation for the delayed coker process unit; Fluor Daniel Company
for modifications to existing utility and processing units; TPA Inc. for the
sulfur recovery facilities and GDS Inc. for site clearance, coke handling and
control systems. The new facilities are expected to be completed in the
second half of 2001.
ExxonMobil is the premier petroleum and petrochemicals company whose
subsidiaries have operations in about 200 countries. Additional information
regarding ExxonMobil can be found at http://www.exxon.mobil.com.
SOURCE Exxon Mobil Corporation
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Related links:
http://www.exxon.mobil.com
Company News On-Call:
http://www.prnewswire.com/comp/143842.html or fax,
800-758-5804, ext. 143842
CONTACT:
Lauren Kerr, 703-846-1021, or Charlotte
Howard, 281-834-5673, both of Exxon Mobil Corporation
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