ExxonMobil to build ‘world’s largest hydrogenated hydrocarbon resin plant’ in Singapore; target market includes hot melt adhesive formulators
HOUSTON, TX, March 12, 2014-
ExxonMobil Chemical Company will build the world's largest hydrogenated tackifier manufacturing facility at its recently expanded petrochemical complex in Singapore. The new 90 kiloton per annum plant will nearly double the company's capacity to manufacture high-performance EscorezTM 5000 resin for hot melt adhesive producers worldwide. This will make the new plant 40 percent bigger than the industry's largest hydrogenated tackifier plants today.
ExxonMobil's Singapore Chemical Plant provides a unique platform for the added hydrogenated tackifier production. The site's two large steam crackers utilize proprietary technology to process an unprecedented range of feedstocks, including crude oil. Crude cracking produces a wide range of valuable byproducts that can be further upgraded to specialty chemicals such as premium resins for adhesive applications.
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