Exxon Mobil has taken a positive final investment decision (FID) on a "major" project to reconfigure its Baytown, Texas, refining and petrochemical complex to increase output of growth products like diesel fuel and base stocks for premium lubricants, while curbing gasoline production.
Exxon FIDs US Plant Upgrade as Peak Gasoline Looms
The US major will reconfigure its massive Baytown downstream complex to produce more diesel and lubricant base stocks in anticipation of falling gasoline demand.






