01/29/2014

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SINGAPORE: ExxonMobil officially opens expansion of Singapore petrochemical facility

The expansion included a second 1-million-t/y steam cracker, two 650,000-t/y polyethylene plants, a 450,000-t/y polypropylene plant, a 300,000-t/y specialty elastomers unit, an aromatics extraction facility to produce 340,000 t/y of benzene, and a 125,000-t/y oxo-alcohol expansion.

Two-thirds of the growth in chemical demand "will be here in the Asia-Pacific region. ExxonMobil's expanded Singapore chemical plant is uniquely positioned to serve these growth markets and beyond," explained Rex W. Tillerson, chairman and chief executive of ExxonMobil.

"Government leaders here wisely pursued a stable policy course that encouraged international investment, teamwork and advanced technologies," Tillerson noted.

Singapore's government will continue to grow the energy and chemicals industry and "stands fully behind energy and petrochemicals companies to help them succeed," according to a local news source, quoting Singapore Prime Minister Lee Hsien Loong.

ExxonMobil's Singapore chemical facility accounts for about 25 % of the company's global chemical capacity, incorporates over 40 new technologies and is one of Exxon-Mobil's most energy efficient and flexible sites.

Source: Weekly "PetroChemical News", Durham, NC, USA; 13 Jan 2014

(Syed Rashid Ali, Karachi, Pakistan)

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