ExxonMobil

ICIS News | September 26, 2018

ExxonMobil said on Wednesday that it has started operations on a new, ultra-low sulfur fuel production unit at its 365,000 bbl/day Beaumont, Texas, refinery. The unit adds 45,000 bbl/day of fuels production. The global oil major said the unit uses a proprietary technology to remove sulfur while minimizing octane loss. ExxonMobil is also expanding the Beaumont complex's polyethylene (PE) manufacturing capacity by 650,000 tonnes/year by 2019 and is proceeding with plans to increase the refiner...

chemeng online | November 15, 2018

Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) announced that its subsidiary Tecnimont S.p.A., through its affiliate Tecnimont USA Inc., in consortium with Performance Contractors Inc., has been awarded a reimbursable contract by Exxon Mobil Corp. (Irving, Tex.; www.exxonmobil.com) for the initial activities related to the front-end engineering design, early execution studies and early procurement activities for new process units and the associated offsites and utilities for a Pet...

EXXONMOBIL | May 25, 2018

ExxonMobil has announced plans to cut methane emissions by 15% and reduce flaring by 25% by 2020. Methane is a greenhouse gas that is the primary component of natural gas. Methane can leak when gas is extracted and transported, and the surge in natural gas production in recent years has led to increased methane emissions. ExxonMobil has committed to reducing its methane emissions by 15% by 2020. It also intends to reduce flaring by 25%, concentrating on regions in West Africa. Both cuts are in c...

Nasdaq | January 15, 2020

Atotech, a Carlyle-backed specialty chemicals company carved out of Total, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.However, the deal size is likely a placeholder for an IPO that we estimate could raise $1 billion. The Berlin, Germany-based company was founded in 1993 and booked $1.2 billion in revenue for the 12 months ended September 30, 2019. It plans to list on the NYSE under the symbol ATC. Atotech filed confidentially on June 7, 2019. ...