ExxonMobil buys Singapore petrochem plant from Jurong Aromatics

ExxonMobil buys Singapore petrochem plant from Jurong Aromatics

A sign is seen at the entrance of the Exxonmobil Port Allen Lubricants Plant in Port Allen, Louisiana, November 6, 2015. REUTERS/Lee Celano

ExxonMobil Corp said on Thursday it has reached an agreement to buy a refining and petrochemical plant owned by Jurong Aromatics (JAC) in Singapore that will boost its output and meet demand in Asia.

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