ExxonMobil completes new cogeneration plant in Singapore

• New 84-megawatt facility to help meet the Singapore Refinery’s power needs and strengthen its long-term competitiveness.
• Demonstrates company’s commitment to improving energy efficiency and reducing emissions.
• Net reduction of 265-kilotons of carbon dioxide emissions expected per year.

With completion of the new plant, ExxonMobil now has more than 440 megawatts of cogeneration capacity in Singapore and is able to meet the majority of its integrated refining and petrochemical complex’s power and steam needs. The additional cogeneration capacity builds on ExxonMobil's interests in more than 100 cogeneration installations at more than 30 locations around the world. 

“This new cogeneration plant investment is an example of our commitment to using energy more efficiently,” said Gan Seow Kee, chairman and managing director of ExxonMobil Asia Pacific Pte Ltd. “We continue to make strategic investments that help improve our manufacturing competitiveness in Singapore while minimizing environmental impact.”

The new cogeneration plant is expected to improve the Singapore Refinery’s energy efficiency by 4 percent to 5 percent and result in a net reduction of 265 kilotons per year of carbon dioxide emissions due to efficiencies gained from a combined cycle power generation process. This emissions reduction is equivalent to removing more than 90,000 cars from Singapore’s roads.

“Cogeneration technology is an energy-efficient solution for facilities that require both thermal energy and electricity. ExxonMobil’s investment in such technology will bring about both cost savings and carbon emissions reduction,” said Ronnie Tay, chief executive officer of the National Environment Agency. “I applaud ExxonMobil’s efforts and encourage others to similarly step up their efforts in making their manufacturing processes and facilities more energy efficient.”

Based on 2016 average household electricity consumption data, the plant will produce enough electricity to power the equivalent of more than 150,000 four-room Housing and Development Board flats in Singapore.

“Investments such as ExxonMobil’s cogeneration facility reflects our emphasis on growing the energy and chemicals industry in a competitive and sustainable manner,” said Damian Chan, executive director for Energy & Chemicals at the Singapore Economic Development Board. “We will continue working closely with companies to explore avenues to be more energy efficient, including the use of technologies such as Internet of Things and data analytics.”

Detailed planning and innovative modular construction enabled safe completion of the new plant in a live operating site. Construction of the facility included the movement of two 600-ton, 9-storey-high heat recovery steam generator modules from a fabrication yard in Thailand to Singapore. 

“Completion of the plant highlights ExxonMobil’s commitment to project excellence and our capability to deliver complex projects safely and successfully,” said Brian Ablett, Singapore Refinery manufacturing director.

About ExxonMobil in Singapore

ExxonMobil is one of Singapore’s largest foreign manufacturing investors with over S$20 billion in fixed assets investments. Our Singapore affiliate, ExxonMobil Asia Pacific Pte Ltd, (EMAPPL) has manufacturing facilities which include refinery operations in Jurong and a world-scale petrochemical plant on Jurong Island. EMAPPL has a network of service stations under the Esso brand and is a supplier of cylinder cooking gas. EMAPPL also serves the commercial market with its industrial, aviation and marine fuels and lubricants. As a corporation, ExxonMobil is committed to addressing the challenge of sustainability – balancing economic growth, social development and environmental protection. In line with those strategies, ExxonMobil and EMAPPL contribute to programs in Singapore that support the arts and education, the community and the environment. For more information, visit www.exxonmobil.com.sg or follow us on Twitter www.twitter.com/exxonmobil_sg.

CAUTIONARY STATEMENT:

Statements of future events or conditions in this release are forward-looking statements. Actual future results, including project plans, schedules, and outcomes and future market positioning could differ materially due to changes in market conditions affecting the oil, gas and petrochemical industries or long-term price levels for oil, gas, refined products and petrochemicals; political or regulatory developments, including the granting of required permits and any changes in environmental laws; the occurrence and duration of economic recessions; the actions of competitors; technical or operating factors; the outcome of commercial negotiations; and other factors discussed under the heading "Factors Affecting Future Results" in the Investors section of our website (www.exxonmobil.com) and in Item 1A of our most recent Form 10-K.  

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