ExxonMobil started the production of hydrogenated hydrocarbon resin and halobutyl rubber at the two new plants of its multi-billion dollar integrated manufacturing complex in Singapore. It is the company’s largest integrated refining and petrochemical complex in the world. ExxonMobil’s new Escorez hydrogenated hydrocarbon resins plant will be the world’s largest with a capacity of 90,000 tonnes per year and will meet long-term demand growth for hot-melt adhesives used in packaging or baby diapers. The new 140,000-tonnes-per-year butyl plant will also produce premium halobutyl rubber used by manufacturers for tires that better maintain inflation to improve fuel economy, the company said. 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.... Continue Reading