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SHANGHAI, China (April 22, 2008) -- ExxonMobil Chemical’s Senior Vice President, Jim Harris, today addressed students at East China University of Science and Technology about the opportunities and challenges faced by the energy and petrochemical industries. During his speech, Harris emphasized the role of technology and innovation to help find long-term solutions for the future.
“We expect that some 60 percent of the increase in global petrochemical demand over the next 10 years will occur in Asia. China alone will account for nearly 40 percent of that growth,” Harris said. “We at ExxonMobil believe leading-edge technological innovation will be critical to meeting this increasing demand.”
In his remarks, Harris noted that ExxonMobil Chemical differentiates itself by flawlessly executing the company’s long-term strategy:
One—to operate a portfolio of differentiated global businesses well positioned to take advantage of integration synergies with other ExxonMobil affiliates.
Two—to maintain a relentless focus on operational excellence, featuring industry-leading practices and systems that enable best-in-class performance.
Three—to invest selectively in advantaged projects.
And Four—to underpin these strategies with superior technology.
“Across the petrochemical industry, manufacturing processes are improving and becoming more efficient, and we are producing higher-quality products,” said Harris. “As a result, products are finding new applications and markets.”
Read the full text of his speech.
ExxonMobil Chemical is a global leader in technology, product quality and customer service with petrochemical manufacturing and marketing operations around the world.
Editor's note: The term "ExxonMobil Chemical" refers collectively to some or all of the companies affiliated with Exxon Mobil Corporation, and/or itself, which have chemical manufacturing and marketing operations around the world.
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ExxonMobil News Media Desk: (281) 870-6607
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