ExxonMobil Chemical to Expand World's Largest IPA Plant
Monday October 17, 9:00 am ET
HOUSTON--(BUSINESS WIRE)--Oct. 17, 2005--ExxonMobil Chemical will increase the production capacity of isopropyl alcohol (IPA) at its Baton Rouge, Louisiana, (USA) plant. This investment demonstrates ExxonMobil's ongoing commitment to serve the global IPA business and further enhance its competitiveness. The last upgrade of this plant was completed in 2003.
The project, which is scheduled for completion in the fourth quarter of 2006, will increase the nameplate capacity of the world's largest IPA plant to 380 kt/year.
ExxonMobil has been in the IPA business for over 80 years and today has a strong presence in markets around the world. "Over the years, ExxonMobil Chemical has consistently invested in its IPA manufacturing, technology and supply chain capabilities," said T.J. Wojnar, vice president, Fluids Global Business Unit, ExxonMobil Chemical Company. "Expanding the manufacturing capacity of the Baton Rouge IPA plant is another demonstration of our ongoing commitment to serve our global fluids customers."
"We recognize the importance of supply reliability, especially in today's dynamic marketplace," said Cindy Shulman, marketing manager, Fluids Global Business Unit, ExxonMobil Chemical Company. "This expansion further strengthens our capability to competitively supply IPA around the world and enables us to meet future market-growth opportunities."
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.
IPA is an oxygenated solvent used extensively in coatings, cleaning, electronics, personal care and pharmaceuticals. It is also a feedstock for the production of agricultural chemicals.
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