HOUSTON -- 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 Escorez 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.
The facility incorporates a state-of-the-art hydrogenation reactor system to produce premium tackifiers. The plant will also produce new resins for non-adhesive uses. Construction is expected to begin in the second half of 2014, with completion anticipated in 2017.
"ExxonMobil is recognized as a leading source of globally consistent, high-quality and technically advanced polymers and tackifiers for the hot melt adhesive industry," said Dwight Tozer, vice president, adhesion industry business, ExxonMobil Chemical Company. "Our new plant marks another milestone in our ongoing commitment to help formulators around the globe capitalize on growing demand for premium, hot melt adhesives."
Hydrogenated tackifier demand is expected to double over the next 15 years. Much of the growth is forecasted in Asia, where packaging, woodworking and nonwovens manufacturers increasingly depend on the outstanding performance and cost effectiveness of hot melt adhesives.
Tozer added: "Locating the new facilities in Singapore greatly enhances our ability to quickly supply Escorez 5000 tackifying resins to hot melt adhesive manufacturers across Asia Pacific and around the world."
Escorez 5000 hydrogenated resins are the tackifier of choice for applications where low odor and color, thermal stability and polymer compatibility are required.
ExxonMobil Chemical has continuously increased its hydrogenated resin capacity since the 1970s with innovations in process technology. With current tackifier production in Baton Rouge, Louisiana, and Notre-Dame-de-Gravenchon, France, the new Singapore plant is a strategic addition in global production of Escorez 5000 resin.
About ExxonMobil Chemical
ExxonMobil Chemical is one of the world's premier petrochemical companies with manufacturing, technology and marketing operations around the world. The company delivers a broad portfolio of products and solutions efficiently and responsibly, with a commitment to create outstanding customer and shareholder value. ExxonMobil Chemical endorses the principles of sustainable development, including the need to balance economic growth, social development and environmental considerations.
To learn more, visit exxonmobilchemical.com.
Note to the editors:
1. ExxonMobil, the ExxonMobil logo, and Escorez are trademarks of Exxon Mobil Corporation.
2. The term "ExxonMobil Chemical" refers collectively to some or all of the companies affiliated with Exxon Mobil Corporation, and/or itself, which have chemical manufacturing and/or marketing operations around the world.