Singapore – ExxonMobil has started production of halobutyl rubber at its integrated manufacturing complex in Singapore, the company’s largest integrated refining and petrochemical complex globally.
The plant, which also manufactures hydrogenated hydrocarbon resin officially started up on 20 July, said an ExxonMobil statement on the same day.
The new 140 kilotonne per annum (ktpa) plant will produce “premium” halobutyl rubber for tire manufacturers to maintain tire-inflation and improve fuel economy.
“Keeping tires properly inflated can help save about a billion gallons of fuel and result in an estimated emissions reduction of eight million tonnes of carbon dioxide per year, equivalent to the emissions of about 2.5 million cars worldwide,” explained the company release.
The multi-billion-dollar investment also includes a 90ktpa production plant for the new Escorez hydrocarbon resins for hot-melt adhesives used in packaging or baby diapers.
“With these latest additions, we are well-positioned to serve customers in key Asian growth markets,” said Gan Seow Kee, chairman and managing director of ExxonMobil Asia Pacific Pte Ltd.
Image source: ExxonMobil twitter