The US supermajor has announced that it will proceed with an expansion project at its 592K-b/d Singapore Integrated Complex.ExxonMobil Corp.said the upgrade will boost distillates output by 48K b/d,with some of these distillates being high-quality ExxonMobil Marine fuels to enable customers to meet the IMO's 0.5-sulfur bunker fuel requirement.The upgrade will add 20K b/d of ExxonMobil Group II base stocks capacity,which includes EHC~TM 50 and EHC 120 grades,in addition to a new high-viscosity Group II base stock to meet increasing demand in the Asia-Pacific region.Construction on the upgrade will commence in H2 of this year,with startup scheduled for 2023.Exxon did not specify the amount it plans to invest in the project.
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