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CMAI Outlines ExxonMobil Chemical's Strategic Business Position

Posted on: Wednesday, 9 January 2008, 15:00 CST

HOUSTON, Jan. 9 /PRNewswire/ -- Chemical Market Associates, Inc. (CMAI) recently completed the Chemical Company Analysis (CCA) on ExxonMobil Chemical, the fourth company report of the 2007 Edition. The report includes strategic direction, financial overviews, global chemical business operations/positions, chemical manufacturing site descriptions and chemical product material balances for ExxonMobil Chemical.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080109/LAW099) (Logo: http://www.newscom.com/cgi-bin/prnh/20061109/CMALOGO)

ExxonMobil Chemical produces commodity chemicals and polymers, including olefins and derivatives and aromatics, as well as specialties, such as elastomers, plasticizers, adhesives, additives, synthetics and fluids. The technology segment offers licenses for aromatics, olefins, and polymers as well as catalyst technology. The company remains a world leader in most product areas based on proprietary technology, feedstock cost advantages, and an increasingly balanced geographic coverage. ExxonMobil Chemical's product focus, similar to the chemical businesses of other oil and gas majors, is comparatively narrow. However, the integration into ExxonMobil's refinery and gas processing operations and manufacturing site synergies achieved in the company's large petrochemical complexes provide a strong competitive advantage.

ExxonMobil Chemical's business strategy aims at positioning the company to meet petrochemical demand growth. Internal projections place 60 percent of the petrochemical demand growth over the next ten years into the Asian region with over one-third attributed to China. Major investment projects, therefore, have been announced for China, Singapore, Saudi Arabia and Qatar; with only minor additions, primarily in aromatics and specialty chemicals in the more mature markets of North America and West Europe.

The Chemical Company Analysis (CCA) is a multi-client service aimed at analyzing the structure, dynamics, competition and strategic issues of global and regional chemical industry participants. Additional company reports of the 2007 Edition are Lyondell, DuPont, SINOPEC, Shell, Westlake, and Titan; as well as a supplemental report on the pro-forma combined assets of LyondellBasell Industries. The 2008 Edition will include company reports on ChevronPhillips, Braskem, PetroChina, Total PC, Borealis and Mitsubishi Chemical.

CMAI is a petrochemical, plastics, fibers and chlor-alkali consulting firm that services a wide range of companies all over the world. Since 1979, CMAI's goal has been to provide accurate, timely consulting services for the worldwide industries that it covers. CMAI maintains offices in Houston, New York, London, Dubai, Dusseldorf, Singapore and Shanghai. Clients to CMAI services include chemical and oil companies, engineering & construction companies, banking and financial institutions, plastic converters, grocers/retailers, government agencies and trading companies.

For additional information on this analysis, visit CMAI's website at http://www.cmaiglobal.com/ or contact:

Anne Geraci CMAI 11757 Katy Freeway, Suite 700 Houston, TX 77079 U.S.A Tel: 1-281-531-4660 Fax: 1-281-531-9966 Email: ageraci@cmaiglobal.com

Photo: http://www.newscom.com/cgi-bin/prnh/20080109/LAW099http://www.newscom.com/cgi-bin/prnh/20061109/CMALOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, photodesk@prnewswire.com

Chemical Market Associates, Inc.

CONTACT: Anne Geraci of CMAI, +1-281-531-4660, fax, +1-281-531-9966,ageraci@cmaiglobal.com

Web site: http://www.cmaiglobal.com/

Source: PRNewswire

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