SINGAPORE - Oil giant ExxonMobil has completed the expansion of its lubricant facility in Jurong.
This makes the facility the company's largest grease manufacturing site in Asia Pacific, and the only one in the region that produces Mobil 1, its flagship synthetic engine oil.
The new grease manufacturing plant started production in January, followed by the new synthetics manufacturing plant in April.
The investment sum for both plants were not disclosed.
ExxonMobil said at a opening ceremony on Tuesday (June 6) that the expansion further strengthens the company's manufacturing facilities and its ability to meet the growing demand for grease and synthetic lubricants products in the Asia Pacific region.
"These new production facilities demonstrate the company's commitment to long-term investments here in Singapore," said ExxonMobil Asia Pacific chairman and managing director Gan Seow Kee.
"The expansion of our Jurong lubricant plant both strengthens ExxonMobil's integrated manufacturing base and helps improve the competitiveness of our business and the industry in Singapore."
Singapore Economic Development Board managing director Yeoh Keat Chuan, who was also at the event on Tuesday, added: "The expansion of ExxonMobil's Jurong lubricant plant is a good example of companies taking advantage of Singapore as a strategic base to capture growth opportunities in Asia.
"The synthetic lubricants and grease plants underscore Singapore's emphasis on higher value-added manufacturing activities as we continue growing the chemicals sector in a competitive and sustainable manner."