Exxon Mobil Corporation (ticker: XOM, exchange: New York Stock Exchange (.N))
News Release -
ExxonMobil Announces Cogeneration Expansion in Baytown
BAYTOWN, Texas--(BUSINESS WIRE)--March 31, 2003--ExxonMobil today
announced plans to expand its cogeneration facilities at the Baytown,
Texas manufacturing complex. This expansion will increase the energy
efficiency at the Complex's refinery and two chemical plants, and will
help decrease the region's emissions of greenhouse gases.
The project, located on the Baytown Olefins Plant site, will
include the addition of a 160 megawatt gas turbine generator, coupled
with a heat-recovery unit producing 560,000 pounds per hour of steam
used in the manufacturing processes. Utilizing the most efficient
technology available today, the new cogeneration unit will produce
both steam and electricity from clean-burning natural gas at an
efficiency rate of about twice traditional power generation. This one
generator is large enough to supply the average energy needs of at
least 100,000 people in the United States.
"ExxonMobil is always focused on improving our performance by
looking for ways to increase our energy efficiency and thereby reduce
energy costs and emissions at our manufacturing sites," said Bob
Bailes, Baytown Olefins Plant manager. "The new cogeneration
facilities will be a win-win by reducing both."
Currently, ExxonMobil has more than 80 cogeneration units located
around the world. Energy savings from these units are equivalent to
the residential electricity needs of Maine, Vermont and New Hampshire
ExxonMobil has installed nearly 2,900 megawatts of cogeneration
capacity worldwide with efficiency gains sufficient to service nearly
one million U.S. residential households. Nearly 900 megawatts of new
capacity are either in the planning or construction phase in North
America alone, which will further reduce carbon dioxide emissions by
more than 2 million tons per year.
When completed, the Baytown project will aid in the reduction of
greenhouse gases equivalent to removing 30,000 cars from the region's
roads. The new facilities also contribute to the region's overall
efforts to reduce NOx (Nitrogen Oxide) emissions to help meet the
Federal Clean Air standards.
Construction on the Baytown unit begins in mid-summer 2003, with a
peak construction workforce of 200 in early 2004. The facilities are
expected to be operational in late 2004. The ExxonMobil Baytown
manufacturing complex has been producing its own cogenerated
electricity for almost 40 years.
Editor's note: The term "ExxonMobil" refers collectively to some or
all of the companies affiliated with Exxon Mobil Corporation
Baytown Area Public Affairs
Charlotte Howard, 281/834-8340
SOURCE: Exxon Mobil Corporation