Exxon Mobil – which is introducing new propylene-based elastomer (PBE) grades for spunbond and meltblown nonwovens at next week’s INDEX 14 show – has become the first oil giant to publish a detailed response to the impact future climate change policy may have on its business.
The company issued reports on Monday under pressure from concerned shareholders which, while acknowledging that global warming is happening, say world climate policies are “highly unlikely” to stop it from producing and selling fossil fuels in the forseeable future.