Integrated Manufacturing Facility News

Exxon Mobil Eyes Major Investment at Singapore Refinery

Exxon Mobil Corp is considering a multi-billion dollar investment at its Singapore refinery, the company's largest, ahead of new global shipping fuel regulations starting in 2020, a senior executive said on Wednesday."We are currently assessing a multi-billion project in our integrated manufacturing facility here in Singapore," Matt Bergeron, vice president of Asia Pacific Fuels Business at Exxon, said at a bunkering conference."Should the project proceed, we plan to implement…

India Plans Expansion of Auto Exports

Ennore Port Limited (EPL), Chennai and Ford India Private Limited have signed an agreement for export of Ford cars though the Ennore port for a period of 10 years. Speaking on the occasion the Union Minister for Shipping Shri G.K. Vasan said that this is a part of series of initiatives by the UPA government for attracting investments in the infrastructure sector, particularly in ports and automobile sectors. The agreement provides for various volume based discounts on wharfage by EPL ranging from5-30% to encourage more exports through EPL. Ford India Private Limited has set up a modern integrated manufacturing facility at Maraimalai Nagar, near Chennai, for export of their automobile products.