ExxonMobil Corp. has taken a final investment decision on a multibillion-dollar expansion to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base stocks and distillates at subsidiary ExxonMobil Asia Pacific Pte. Ltd.’s integrated manufacturing complex in Singapore, which has a crude oil processing capacity of 592,000 b/d and includes two steam crackers.

Source: News