ExxonMobil Corporation’s Aviation Lubricants Facility Begins Production

The company’s new plant in the United States begins production aviation lubricants powered by Mobil Jet Technology

United States: ExxonMobil Corporation (NYSE: XOM), an America based petrochemical giant, has announced that its aviation lubricant plant situated at Port Allen has achieved full production. The plant is a part of the company’s USD 200 million investment for the expansion of integrated lubricants and chemical complex in Baton Rouge, United States. The plant is equipped with in-line blending, high speed quart line and flow-through racking manufacturing process with sound water treatment and recycling facilities in order to use electric energy efficiently. The facility adheres to ISO 9001 and U.S Navy Military Standard and would cater to the demand for advanced lubricants and aviation fuel in North America.     

TechSci Research depicts that the introduction of this production facility will definitely cater the rising demand of lubricants in the near future, providing services using modern technologies all across the globe and through this, the company will strengthen its presence in the global lubricants market.

According to the recently published report by TechSci Research, “Global Specialty Lubricants Market By Type, By End Use, By Region Competition Forecast and Opportunities, 2011 – 2025”, the global specialty lubricants market is anticipated to cross $ 81 Billion by the end of 2025. Globally, synthetic oil-based specialty lubricant is the most preferred type of specialty lubricants. High demand for synthetic oil-based specialty lubricants is due to their superior performance at high temperatures, oxidation stability and durability, as compared to conventional mineral oil lubricants. Additionally, North America dominated global demand for specialty lubricants, and the same trend is expected to continue during forecast period as well. Some of the leading players operating in global specialty lubricants market include Klueber, Exxon Mobil, Dow Corning, Sinopec and BASF SE, among others.