ExxonMobil Starts World's Largest Resin Plant in Singapore

June 25 2018

EXXONMOBIL has started production from two new multi-billion dollar plants producing petrochemicals used in adhesives and manufacturing tires.

The first plant equipped to produce up of 90,000 tons annually of its proprietary product, Escorez hydrogenated hydrocarbon resins, is the world’s largest of its kind. 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 tires. It is equipped with an annual output capacity of 140,000 tons.

These two new plants fall under a multi-billion dollar expansion project at ExxonMobil’s integrated manufacturing complex in Singapore. The two plants will add 140 jobs to ExxonMobil’s existing workforce of more than 2,500 at its Singapore manufacturing complex. ExxonMobil has more than 4,000 employees in Singapore.

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Market Research Reports

Aerospace & Defense [52]
Chemical [263]
Composites & Advanced Materials [167]
Construction & Industrial [72]
Consumer and Retail [142]
Economic Analysis [86]
Energy & Utility [73]
Finance & Services [10]
Healthcare [79]
Media & Entertainment [16]
Metals & Mining [17]
Technology & Telecommunication [164]
Transportation [141]

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

Quick Query

Lucintel Insights in News

Follow us on