ExxonMobil is completing an expansion of its Port Allen lubricant blending plant in Baton Rouge, Louisiana.
The ExxonMobil Port Allen Lubricants site has invested in new base [stock] tank storage to provide formulation flexibility to meet market demand and to increase site competitiveness, an ExxonMobil spokesperson told Lube Report in an emailed statement. We continue to invest in these facilities to position for future projects as part of the companys $20 billion Growing the Gulf initiative.
The expansion was a potential investment of $22.6 million, a local news publication, The Advocate, reported Dec. 23, citing an ExxonMobil application to Louisianas Industrial Tax Exemption program. According to the report, the expansion entailed construction of new tanks to increase storage capacity, manufacturing capacity and base oil flexibility, in addition to modern equipment, plant infrastructure and packaging equipment upgrades. The company spokesperson declined to comment to Lube Report on investment figures, and noted that the expansion project work was already done or is already under construction.