ExxonMobil highlights new metallocene resins

By Frank Esposito
Senior Staff Reporter

Published: April 3, 2012 6:00 am ET

Related to this story

Topics Materials, Product News, NPE 2012

ORLANDO, FLA. (April 3, 8:15 p.m. ET) — ExxonMobil Chemical Co. (Room W203A, B and C) is highlighting new grades and applications for its metallocene polyethylene resins at NPE 2012.

Four processors also are running the firm’s materials at the show. Those four are OMV (Booth 303), Engel Machinery Inc. (Booth 943), Macchi SpA (Booth 5091) and CMD Corp. (Booth 6845).

“We’re continuing to expand the market space for our metallocenes,” polyolefins vice president John Verity said in an interview. “We’ve got more grades that offer more stiffness if you go thinner in films, which had been a challenge.”

Houston-based ExxonMobil makes its metallocene PE grades – sold under the Enable and Exceed brand names - at two plants in Texas, a plant in France and just recently started producing them at its plant in Singapore. Metallocenes now account for about 20 percent of the firm’s total global PE output, according to Verity.

Industrywide, metallocene PE continues to grow at an annual rate of more than 10 percent, which is more than double the growth rate of standard PE, he said.

“We’ve had a very positive response,” Verity added. “Customers are willing to pay for value and performance. We have to talk to them about how the polymers produce value for the business. In heavy duty shipping sacks, we need to show (customers) how metallocenes can allow them to downgauge, for example.

ExxonMobil also is seeing annual growth rates of more than 50 percent for its Vistamaxx-brand propylene plastomers. The firm will open a massive plant with annual capacity of almost 800 million pounds of that material in Singapore by mid-year, Verity said. Like metallocenes, Vistamaxx often is used in film products.

In the broader PE market, Verity said North America should average single digit annual growth for the next several years. The market is still looking to recover to demand levels of 2007, before the regional and global economies declined.

Like many PE makers, ExxonMobil – and its oil giant parent firm - is keeping its eye on the impacts of newfound supplies of natural gas in shale deposits throughout North America. Several firms already have announced capacity expansions for PE or ethylene feedstock, but ExxonMobil hasn’t been among them.

The natural gas situation “has been a dramatic turnaround,” Verity said, but he declined to say whether ExxonMobil will be joining the shale rush.

“ExxonMobil usually studies a situation and doesn’t make an announcement until we’re ready with a project,” Verity added.


Comments

ExxonMobil highlights new metallocene resins

By Frank Esposito
Senior Staff Reporter

Published: April 3, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Nova expanding PE research center

August 26, 2014 1:36 pm ET

Nova Chemicals Corp. has broken ground on an expansion of its polyethylene research center in Calgary, Alberta.    More

Image

Sinopec licenses PP technology to USA, posts half-year results

August 26, 2014 11:46 am ET

China's state-owned petrochemical giant Sinopec Corp. said it is licensing polypropylene polymerization technology to a U.S. plant for the first time ...    More

Image

Japan's DIC planning PPS compounding plant in China

August 25, 2014 1:28 pm ET

Japanese materials firm DIC Corp. plans to open its first polyphenylene sulfide (PPS) compounding plant in China by the end of 2015.    More

Image

China's PVC exports face challenges

August 22, 2014 2:14 pm ET

Despite robust growth in the first half of the year, China's PVC exports now faces new challenges, due to trade barriers and new capacity ramping up...    More

Image

Recycled HDPE prices climbing

August 22, 2014 11:26 am ET

North American selling prices for recycled grades of high density polyethylene resin have increased in recent months because of tight supplies of the ...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events