Esso-Mobil refining, petrochemicals integration in France on schedule

March 29, 2004
The 250 million euro project to integrate the refining and petrochemicals divisions at the Mobil-Esso twin sites of Port-Jérôme-Gravenchon in Normandy will be completed in October, said Esso SAF Chairman and CEO Dominique Badel.

Doris Leblond
OGJ Correspondent

PARIS, Mar. 29 -- The 250 million euro project to integrate the refining and petrochemicals divisions at the Mobil-Esso twin sites of Port-Jérôme-Gravenchon in Normandy will be completed in October, said Esso SAF Chairman and CEO Dominique Badel Thursday at a press conference. About 20% of construction has been completed.

He said 95 million euros would be added to last year's 100 million euro outlay to achieve what is called the "PJ21" project, which he described as "the largest European refining project."

In addition, 17 million euros have been added to PJ21 to improve installations and integrate the two refineries.