- The new hydrocracker plant represents an investment of over a billion euros.
- The plant efficiently produces high-quality base stocks and ultra-low sulfur diesel.
- The project improves overall site energy efficiency by 5%.
- ExxonMobil invests $1 billion annually in R&D, including low-emission technologies.
Investment and Innovation
ExxonMobil and government leaders celebrated the start-up of a new hydrocracker unit at the Rotterdam refinery, representing an investment of over a billion euros. This advanced plant uses a unique combination of proprietary process and catalyst technology to produce high-quality base stocks and ultra-low sulfur diesel efficiently.
Government and Industry Support
Senior government officials, including Minister Eric Wiebes of Economic Affairs and Climate Policy, and executives from the Port of Rotterdam and the US Embassy, attended the inauguration. Minister Wiebes highlighted the importance of this investment for sustainability and CO2 emission reduction, emphasizing the Netherlands' role in the global energy transition.
Strategic Importance
Jan Michielsen, CEO of ExxonMobil Benelux, stressed the strategic significance of the new plant for the Rotterdam refinery's competitiveness in the European market. The investment not only meets the demand for high-quality lubricants and ultra-low sulfur diesel but also improves the site's energy efficiency by 5% and creates new high-quality jobs.
Technological Advancements
ExxonMobil's commitment to technology and innovation is evident in its annual $1 billion investment in research and development, including low-emission technologies like CO2 capture and storage (CCS) and advanced biofuels. The company supports initiatives from the Ports of Rotterdam and Antwerp to develop infrastructure for CO2 capture and storage, exploring opportunities for cooperation.
