ExxonMobil investing $1 billion in three refineries

By OGJ editors
HOUSTON, Jan. 6 -- ExxonMobil Refining & Supply announced that it is planning to invest more than $1 billion in three refineries to increase the production of ultralow-sulfur diesel by about 6 million gpd.

The company is adding new units and modifying existing facilities at its 567,000-b/d Baytown, Tex.; 503,000-b/d Baton Rouge; and 305,000-b/d Antwerp, Belgium, refineries.

The modifications and expansions to produce diesel with 15 ppm or less of sulfur are expected to be completed by 2010.

"Our increase in diesel production at these three sites will be equal to the diesel produced from about four average-size refineries," said Sherman Glass, president, refining and supply.