(EnergyAsia, May 14 2013, Tuesday) — US-based Chevron Oronite said its record-high investments in Singapore and France will “significantly strengthen” its supply chain and position the company for further growth.
The company is simultaneously undertaking two projects at its Jurong Island site in Singapore and another two to expand the Gonfreville plant in France.
In Singapore, Oronite will more than double the capacity of the Jurong Island plant, commissioned in 1999, by early 2014. It is also completing the front-end engineering and design phase of a unit to increase carboxylate detergent output.
At Gonfreville, Oronite is expanding the capacity of the dispersant unit as well as the detergent production plant.
Without disclosing the value of the investments or their production capacities, Oronite said the hi-tech plants “will help advance and differentiate its additive offerings…to better serve its customers worldwide.”
Apart from Singapore and France, Oronite owns and operates a third world-scale plant in Belle Chase in the US state of Louisiana.
Ron Kiskis, the company’s President, said:
“These investments form an integral part of our ongoing strategy to remain at the forefront of meeting lubricant additive demand for the next decade and beyond.”
Jirong Xiao, an Oronite vice president, said:
“These initiatives are positioning us for growth and further enhancing our supply reliability with increased global flexibility to source critical components. They also will help enable us to provide differentiated products to our customers that leverage our expertise in component development and formulation innovation.”
Chevron Oronite Company LLC, an indirect, wholly owned subsidiary of Chevron Corporation, is a leading developer, manufacturer and marketer of fuel and lubricant additives, providing solutions to customers globally.