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ExxonMobil’s acquisition of Jurong Aromatics complete

by ChemOrbis Editorial Team - content@chemorbis.com
  • 28/08/2017 (11:44)
According to market sources, ExxonMobil Chemical Company completed the acquisition of Jurong Aromatics Corporation’s aromatics plant on Jurong Island in Singapore on August 28, 2017.

Jurong Aromatics’ plant has a production capacity of 800,000 tons/year of PX, 450,000 tons/year of benzene and 200,000 tons/year of orthoxylene. It can also produce 2.5 million tons/year of petroleum products including jet fuel and naphtha.

The value of the agreement was not disclosed.
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