Exxon Mobil Corp. said late Friday it will combine its refining and marketing divisions into a company called ExxonMobil Fuels & Lubricants Co. By combining ExxonMobil Refining and Supply Co. and ExxonMobil Fuels, Lubricants & Specialties Marketing Co., Exxon “will achieve further integration to improve decision making and enhance performance in the market. The improvements will help the company to better respond to the needs of its customers and compete more effectively,” it said in a statement. Bryan Milton, president of ExxonMobil Fuels, Lubricants & Specialties Marketing Co., has been appointed president of the new division. Shares of Exxon fell 0.1% in the late session after ending the regular trading day up 0.2%.
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