Advancing Adhesives: ExxonMobil Announces Major Tackifier Expansion
A new facility will provide the hot-melt adhesives industry with nearly double the global production of hydrogenated tackifier.
ExxonMobil Chemical Co. has announced plans to build what is reportedly the world’s largest hydrogenated tackifier manufacturing facility at its recently expanded petrochemical complex in Singapore. The new 90-kiloton/year plant will nearly double the company’s capacity to manufacture high-performance Escorez™ 5000 resin for hot-melt adhesive producers worldwide. This will make the new plant 40% bigger than the industry’s largest hydrogenated tackifier plants today.
Hydrogenated tackifier demand is expected to double over the next 15 years. Much of the growth is forecasted to be in Asia, where packaging, woodworking and nonwovens manufacturers increasingly depend on the outstanding performance and cost effectiveness of hot-melt adhesives.