ExxonMobil breaks ground on butyl rubber and hydrocarbon resin plants in Singapore

  • Completion of construction anticipated in 2017
  • Expansion project will increase halobutyl rubber production capacity
  • Hydrogenated hydrocarbon resin production unit will be the world’s largest

Category:

Tuesday, October 21, 2014 12:33 pm EDT

Dateline:

SINGAPORE

Public Company Information:

NYSE:
XOM
"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."

ExxonMobil broke ground today 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 region's 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.”

“We are proud to host yet another world scale manufacturing facility from ExxonMobil in Singapore, which will cater to growing demand for sustainable products such as halobutyl rubber. This investment is a reflection of the long term partnership between ExxonMobil and Singapore, and we will continue to deepen our collaboration to capture new growth opportunities in this region.” said Mr Lim Kok Kiang, Assistant Managing Director, Singapore Economic Development Board.

The company is a major supplier of halobutyl rubber to the global tire industry, and this expansion project will add production capacity of 140,000 tons per year. The hydrogenated hydrocarbon resin production unit will be the world’s largest, with a capacity of 90,000 tons per year, to meet long-term demand growth for hot-melt adhesives.

ExxonMobil has operated in Singapore for over 120 years and is one of the country’s largest foreign manufacturing investors.

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About ExxonMobil

ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources; is the largest refiner and marketer of petroleum products; and its chemical company is one of the largest in the world. For more information, visit www.exxonmobil.com or follow us on Twitter www.twitter.com/exxonmobil.

 

About ExxonMobil in Singapore

ExxonMobil is one of Singapore’s largest foreign manufacturing investors. Our Singapore affiliate, ExxonMobil Asia Pacific Pte Ltd, (EMAPPL) has manufacturing facilities which include refinery operations in Jurong and a world-scale petrochemical plant on Jurong Island. 

EMAPPL has Singapore’s largest network of service stations under the Esso brand and is a major supplier of cylinder cooking gas.  EMAPPL also serves the commercial market with its industrial, aviation and marine fuels and lubricants. As a corporation, ExxonMobil is committed to addressing the challenge of sustainability – balancing economic growth, social development and environmental protection. In line with those strategies, ExxonMobil and EMAPPL contribute to programs in Singapore that support the arts and education, the community and the environment. For more information, please visit www.exxonmobil.com.sg

 

Caption for ground breaking photo

From left to right –

  1. Mr Dave Armstrong, Director of Operations, Foster Wheeler Singapore
  2. Mr Takao Tanaka, President, Mitsui  Engineering & Shipbuilding Co Ltd
  3. Mr Neil Chapman, Senior Vice President, Polymers, ExxonMobil Chemical Company
  4. Mr S Iswaran, Minister in Prime Minister's Office, Second Minister for Home Affairs and Trade & Industry
  5. Mr Gan Seow Kee, Chairman & Managing Director, ExxonMobil Asia Pacific Pte Ltd
  6. Mr John Noel, Vice President, ExxonMobil Research & Engineering Company
  7. Mr Richard Seale, Automation President, Wood Group Mustang

 

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