ExxonMobil Singapore Butyl and Resins Plant begins production
SINGAPORE--(BUSINESS WIRE)--ExxonMobil said it has started production of hydrogenated hydrocarbon resin and
“These new plants enhance the competitiveness and strategic importance of ExxonMobil’s integrated manufacturing facility in Singapore, and are part of the company’s long-term plan for advantaged investments around the world,” said John Verity, president of the ExxonMobil Chemical Company. “We remain committed to safe and environmentally-responsible operations as we manufacture products that support better living standards and economic progress for a fast-growing
ExxonMobil’s new EscorezTM hydrogenated hydrocarbon resins plant will be the world’s largest with a capacity of 90,000 tonnes per
Keeping tires properly inflated can help save about a billion gallons (or 38 billion liters) 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.
Construction of the multi-billion dollar expansion project was completed safely and on schedule. The project employed more than 5,500 contract workers at the peak of construction. The plants add 140 jobs to ExxonMobil’s existing workforce of more than 2,500 at its Singapore manufacturing complex. ExxonMobil has more than 4,000 employees in Singapore.
The startup of these two new plants follows ExxonMobil’s earlier acquisition of one of the world’s largest aromatics production facilities in Singapore last year.
“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. “The expansion helps to further establish Singapore as a key producer of fuels and petrochemical products, particularly products that help our customers improve fuel economy and reduce emissions.”
The new plants expand on ExxonMobil’s flexible steam cracking capability in Singapore, which provides a range of feedstocks for upgraded specialty products to meet growing long-term demand in
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