ERJ staff report (RPN)
Singapore – ExxonMobil Corp. will build facilities to manufacture halobutyl rubber and hydrogenated hydrocarbon resin at its expanded petrochemical complex in Singapore, reported Rubber & Plastics News.
Financial details were not disclosed. ExxonMobil said the expansion will meet the long-term demand for growth for hot-melt adhesives.
The firm said that the expansion project would add production capacity of 140 000 tonnes per year.
The hydrogenated hydrocarbon resin production unit will be the world’s largest, with a capacity of 90 000 tonnes per year, to meet long-term demand growth for hot-melt adhesives.
“Our expanded steam-cracking capability at Singapore provides a platform for growth through a wide range of petrochemical building blocks that can be further upgraded to specialty products,” ExxonMobil President Steve Pryor said. “We continue to invest in expanding capacity at our strategic hub in Singapore, which is an ideal location to efficiently serve the fast growing Asia Pacific market.”
ExxonMobil is a petrochemical producer with manufacturing, technology and marketing operations around the world.