ExxonMobil to Build Plants for Production of Halobutyl Rubber and Hydrocarbon Resin in Singapore
ExxonMobil broke ground to begin building two new specialty polymers units at its Singapore Chemical Plant. The project reaffirms ExxonMobil’s commitment to supplying the chemical products that support the regions economic growth.Just 10 months after celebrating completion of the major petrochemical expansion in Singapore, ExxonMobil is now ready to construct new halobutyl rubber and hydrogenated hydrocarbon resin production facilities on the Jurong Island site. Work is expected to be completed in 2017 and will add about 140 new jobs to the existing workforce of more than 2,000 at the integrated manufacturing site.“Our expanded steam cracking capability at Singapore provides a platform for growth through a wide range of petrochemical building blocks that can be further upgraded to specialty products, such as halobutyl rubber and adhesive resins,” said Neil Chapman, senior vice president, ExxonMobil Chemical Company.At the ceremony Chapman added: “ExxonMobil’s Singapore Chemical Plant is the optimal base for serving the fast growing market in Asia with advantaged feedstock, economies of scale, and excellent logistics.”“This new plant is another example of ExxonMobil’s commitment to building on its investments in Singapore for the future growth and competitiveness of our business here,” said Mr Gan Seow Kee, chairman and managing director, ExxonMobil Asia Pacific Pte Ltd. “Our decision to expand our operations here is further proof that we recognize Singapore’s long-term importance to global trade and economic growth.”
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