Oil major ExxonMobil has disclosed that it is expanding its research and development facility located in Clinton, New Jersey. The expansion of the center which currently undertakes research in carbon capture technologies and algae biofuel will be completed in 2019. Once completed it is expected to enhance collaboration within the organization and ensure that new technologies are brought online faster.
“By co-locating our research and development and products technology organizations in Clinton, we expect to bring potential new technologies online faster and at the scale necessary to meet the world’s growing needs for energy,” said ExxonMobil Research and Engineering Company’s president, Bruce March.
Scalable energy solutions
Currently the oil giant is undertaking a range of partnerships and programs all aimed at the development of scalable energy solutions which can meet global demand besides mitigating climate change risks and minimizing environmental impacts.
According to ExxonMobil’s research and development vice president, Vijay Swarup, the expanded R&D facility in New Jersey will house a lubricant blend plant, an engine testing center and more room for additional employees who will be relocated from Paulsboro. Some of the universities drawn from around the world that ExxonMobil works with includes Princeton University, University of Texas at Austin and Massachusetts Institute of Technology.
The announcement of the expansion of the Clinton R&D facility coincides with the opening in Singapore of a third cogeneration plant by the oil giant which is aimed at improving the energy efficiency at the Jurong refinery. The plant which generates 84 megawatts uses waste heat and natural gas in the generation of steam and electricity necessary to power the operations. Consequently two older boilers which were less efficient have been replaced.
It is expected that the plant will generate enough electricity necessary for powering the equivalent of over 150,000 flats consisting of four rooms. The energy efficiency will be improved by 5% resulting in a reduction in CO emissions by over 265 kilotons. This is equivalent to taking off the roads over 90,000 cars.
ExxonMobil’s new co-generation plant comes as a new carbon tax on direct emitters is set to be unveiled beginning 2019. Singapore is one of the countries which signed onto the Paris climate agreement and which became effective late last year. In Singapore ExxonMobil is one of the biggest foreign manufacturing investors. Currently the oil major has fixed asset investments valued at over $20 billion in the Asian country. Besides the refinery ExxonMobil operates a petrochemical facility on Jurong Island.