ExxonMobil Investing $1B In Clean Diesel

ExxonMobil Refining and Supply said it’s investing more than $1 billion in three refineries to increase the supply of cleaner-burning diesel by about 6 million gallons per day.

The company will construct new units and modify existing facilities at refineries in Baton Rouge, La.; Baytown, Texas; and Antwerp, Belgium.

“This underscores the company’s ongoing commitment to meeting the growing needs of the marketplace, while at the same time providing cleaner-burning fuels to consumers,” said Sherman Glass, president of ExxonMobil’s Refining and Supply. “Our increase in diesel production at these three sites will be equal to the diesel produced from about four average-size refineries.”

The low sulfur-diesel, paired with cleaner-burning engines and emissions control technologies, will reduce emissions in on-road transportation and off-road industrial. It’s the latest phase in ExxonMobil’s efforts to increase supplies and reduce the sulfur content of motor gasoline and diesel.

In 2000, the company began an integrated approach to convert and modify refineries, terminals and pipelines to provide ultra-low sulfur fuel products.

The refineries’ modifications and expansions are expected to be completed by 2010.

ExxonMobil’s Baytown Refinery is the largest oil refinery in the U.S., with a crude capacity of about 567,000 barrels per day. The Baton Rouge Refinery is the second-largest oil refinery in the U.S., with a crude capacity of approximately 503,000 barrels per day. The Antwerp Refinery in Europe has a crude capacity of about 305,000 barrels per day.

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