Exxon 2009 Annual Report Download - page 29

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Downstream
Refining & Supply, Fuels Marketing, and Lubricants & Specialties
DOWNSTREAM STRATEGIES
ExxonMobil’s Downstream encompasses a global portfolio of businesses that include Refining and Supply, Fuels Marketing, and
Lubricants and Specialties. Our consistent business strategies are vital to achieving a sustained, competitive advantage:
•฀฀Maintain฀best-in-class฀operations,฀in฀all฀respects
•฀฀Provide฀quality,฀valued฀products฀and฀services฀
to our customers
•฀฀Lead฀industry฀in฀efficiency฀and฀effectiveness
•฀฀Capitalize฀on฀integration฀with฀other฀ExxonMobil฀
businesses
•฀฀Selectively฀invest฀for฀resilient,฀advantaged฀returns
•฀฀Maximize฀value฀from฀leading-edge฀technologies
In 2009, the industry refining and marketing business environment was very challenging, reflecting lower product demand driven
by the recent global economic downturn and excess industry refining capacity. Throughout all types of business environments,
ExxonMobil’s Downstream remains well-positioned to deliver industry-leading returns and long-term shareholder value.
ExxonMobil’s Beaumont, Texas, refinery is a large, high-conversion refinery with over 340 thousand barrels per day of crude distillation capacity.
The Beaumont Refinery is also the heart of an integrated complex that includes chemical operations, a large lubricant blending plant, and cogeneration facilities.
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