22 Jun 2018
EXXONMOBIL has started production at two new multi-billion dollar plants, producing petrochemicals used in adhesives and manufacturing tyres.
The first plant, the world’s largest of its kind, has an annual output of 90,000 tonnes of the company’s proprietary product, Escorez hydrogenated hydrocarbon resins, the supermajor said on Thursday.
Hydrogenated hydrocarbon resins are used in hot-melt adhesives, typically used in packing, or baby diapers.
The second plant will produce premium halobutyl rubber used in the manufacturing of tyres. It is built to produce 140,000 tonnes of this product each year.
To read more, please click on the following link(s): https://www.businesstimes.com.sg/energy-commodities/exxonmobil-starts-up-worlds-largest-resin-plant