Exxon 2007 Annual Report Download - page 36

Chemical Strategies
Through implementation of focused, long-term strategies,
ExxonMobil has consistently demonstrated superior
returns across the business cycle, and has strengthened
our position as one of the world’s premier petrochemical
companies.
5.0
4.0
3.0
2.0
1.0
Segment Earnings
Specialties
Differentiated Business Mix
(billions of dollars)
Commodities
04 0503020100999896 97 2007061995
Businesses
Worldwide Rank
Based on Market Position
Commodities
Paraxylene ...........................................................................#1
Olefins .................................................................................#2
Polyethylene ........................................................................#2
Polypropylene ......................................................................#5
Specialties
Butyl Polymers ....................................................................#1
Fluids ...................................................................................#1
Plasticizers/Oxo Alcohols.....................................................#1
Synthetics ...........................................................................#1
Oriented Polypropylene Films ..............................................#1
Adhesive Polymers ..............................................................#1
Specialty Elastomers ...........................................................#2
Petroleum Additives .............................................................#2
FO C U S O N BUSIN E S S E S THAT
CA P ITA LIZE O N C O R E C O M PETE N C I E S
ExxonMobil has developed a unique portfolio of chemical
businesses over many years, with a balance of profitable
commodity and specialty business growth. Built on
fundamental competitive advantages, we hold leadership
positions in some of the largest-volume commodity
petrochemical products. We also have leadership positions
in a diverse set of higher-value specialty businesses.
CA P T U R E F U LL B E N E F ITS O F I N T EGR ATION
AC R OSS E X XONM O B I L OP E R ATION S
ExxonMobil Chemical has a network of manufacturing sites
around the world. More than 90 percent of the chemical
capacity we own and operate is integrated with our large
refining complexes or natural gas processing plants.
Integration continues to be one of the key differentiating
factors that allows ExxonMobil to consistently outperform
competition. Our manufacturing sites are designed and
operated to take advantage of the flexibility and cost savings
that result from physical integration.
CONSIST E N TLY DELI V E R
BEST- I N - C L A S S PE R FORMA N C E
Underpinning our performance is a consistent and relentless
focus on operational excellence in every aspect of our
business. Business practices and systems have been
developed and continuously improved over many years
to deliver industry-leading performance and to ensure the
integrity of our operations.
ExxonMobil’s disciplined approach to safety, productivity,
reliability, and quality improvement continues to increase
the contribution of existing assets. Over the last four years,
improved reliability, elimination of constraints, and technology
advances have added the equivalent capacity of about
one-and-a-half steam crackers at significantly less than
grassroots cost.
Premium products, such as metallocene-catalyzed polyethylene
produced at the Mont Belvieu Plastics Plant, located outside of
Houston, Texas, have growth rates well above the industry average.
E X X O N M O B I L C O R P O R A T I O N • 2 0 0 7 S U M M A R Y A N N U A L R E P O R T
34