ExxonMobil Chemical awards feed contracts, continues to progress study for possible second steam-cracking complex at Singapore

SINGAPORE, June 20, 2006 -- ExxonMobil Asia Pacific Pte. Ltd. announced today that it has awarded front-end engineering design (FEED) contracts for the derivative units associated with a possible second world-scale steam-cracking complex that would be located at its existing Singapore refining and chemical site.

FEED contracts were awarded to Aker Kvaerner for a polyethylene unit; Mitsui Engineering and Shipbuilding for polypropylene and specialty elastomers units; and Foster Wheeler and WorleyParsons for an aromatics extraction unit, an oxo alcohol plant expansion and associated plant infrastructure. Mustang Engineering was awarded the contract for process control and instrumentation.

"We continue to make good progress on our detailed study for a possible second steam-cracking train in Singapore. This second steam cracker would add to ExxonMobil's global supply capability and, in particular, serve the growing markets in Asia," said Georges C. Grosliere, project executive. "Our project team is working with contractors to define a competitive world-scale steam cracker and derivative units to be integrated with our existing refinery and chemical plant in Singapore."

Bids have been invited from Shaw Stone & Webster and a Technip/Chiyoda joint-venture for design, engineering, procurement and construction (DEPC) work for the proposed steam cracker.

In 2005, the company awarded a project coordination and services contract to Foster Wheeler and WorleyParsons for work associated with the study. 

About ExxonMobil Chemical
ExxonMobil Chemical is a global leader in technology, product quality and customer service with petrochemical manufacturing and/or marketing operations in more than 150 countries around the world. Its products include olefins, aromatics, fluids, synthetic rubber, polyethylene, polypropylene, oriented polypropylene packaging films, plasticizers, synthetic lubricant basestocks and additives for fuels and lubricants.

ExxonMobil Asia Pacific Pte. Ltd. is Singapore's single largest foreign investor. Its fully integrated refining and chemical manufacturing facility in Singapore is ExxonMobil's largest integrated manufacturing site in Asia.

Media Contact:

Colin Chee, Singapore, 65-98247315

To find out more about ExxonMobil Chemical,  visit www.exxonmobilchemical.com

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The term "ExxonMobil Chemical" refers collectively to some or all of the companies affiliated with Exxon Mobil Corporation which have chemical manufacturing and/or marketing operations around the world.