|  |
HOUSTON (January 28, 2005) – ExxonMobil Chemical is expanding the capacity of its world-class oxo alcohol plant in Singapore. The Singapore Chemical Plant will increase its iso-nonyl alcohol capacity from 180,000 tons-per-year to 220,000 tons-per-year. Project completion is expected by 3Q 2006.
"ExxonMobil Chemical has consistently enhanced its manufacturing scale to respond to customers' needs worldwide," said Robert C. Davis, Global Oxo Business Unit vice president, ExxonMobil Chemical. "Over the past few years, our Asia Pacific affiliates have had significant grassroots expansion, in line with the business' successful performance in Europe and the Americas."
"The net result is that we have the largest integrated global platform to serve the plasticizer business with the right products in the right places to respond to changing market conditions in supply and demand," added Davis. Growth for plasticizers in Asia Pacific is expected to continue, representing nearly 60 percent of the global plasticizer market by 2010.
Oxo alcohol is essential in the manufacture of plasticizers, which provide flexibility to many plastics products, such as floor and wall coverings, wire and cable insulation, synthetic leathers, gloves and automotive applications.
In a related announcement, ExxonMobil Chemical earlier announced plans to expand its ethylene steam cracker at the Singapore complex by 75,000 to more than 900,000 tons-per-year.
About ExxonMobil Chemical
ExxonMobil Chemical is a global leader in technology, product quality and customer service with petrochemical manufacturing and/or marketing operations in more than 150 countries around the world. Its products include olefins, aromatics, fluids, synthetic rubber, polyethylene, polypropylene, oriented polypropylene packaging films, plasticizers, synthetic lubricant basestocks and additives for fuels and lubricants.
Editor's notes:
1) The Singapore oxo alcohol plant started up in 2001 with a capacity of 150,000 tons-per-year and subsequently increased to 180,000 tons-per-year in June 2004.
2) ExxonMobil, the ExxonMobil logo, the "Interlocking X," are trademarks or registered trademarks of Exxon Mobil Corporation.
3) The term "ExxonMobil Chemical" refers collectively to some or all of the companies affiliated with Exxon Mobil Corporation which have chemical manufacturing and/or marketing operations around the world.
--------------------------------------------------------------------------------
ExxonMobil News Media Desk: (281) 870-6607
| |
|
|
|
| |
