ExxonMobi reinforces expansion its Singapore chemical production facility

ExxonMobil expands chemical facility in Singapore

7:52 AM, 9th January 2014
ExxonMobi expanding Singapore chemical production facility

SINGAPORE: ExxonMobil reinforced its long-term supply commitment to the fast-growing Asia-Pacific with the expansion of its Singapore chemical production facility. ExxonMobil’s expansion project doubled the size of its finished product capacity in Singapore, making it the largest chemical expansion in the company’s history.

The Singapore chemical facility, which now accounts for about one-quarter of ExxonMobil’s global chemical capacity, incorporates more than 40 new proprietary technologies and is designed to be one of ExxonMobil’s most energy efficient and flexible sites.

“Global chemical demand will grow at a faster pace than Gross domestic product (GDP) as people seek higher standards of living and purchase more household and packaged goods manufactured with chemical products. Two-thirds of that 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 – from China to the Indian subcontinent and beyond,” said Rex W Tillerson, Chairman and Chief Executive Officer, Exxon Mobil Corporation.

© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Oleochemicals industry may face overcapacity and oversupply issue, says Intarajang

In an interview with World Of Chemicals News, Dr Kongkrapan Intarajang, CEO, Emery Oleochemicals, gives an update of the current oleochemicals market. ...

Read more
Air Products, Big River JV for liquid CO2 in Boyceville, US

LEHIGH VALLEY, US: Air Products, one of the leading suppliers of liquid carbon dioxide (CO2) in the United States, signed a long-term agreement for th ...

Read more
‘Plant milk’ provides allergy-free yogurt

LONDON, UK: Scientists have developed an alternative to conventional yogurt made from plant-based ‘milks.’ Researchers at the Universitat ...

Read more
Bacteria causing gastric disease discovered

MELBOURNE, AUSTRALIA: Scientists have uncovered how an ulcer causing stomach bacteria, that has been linked to gastric cancer, sticks to and infects t ...

Read more
New research increases the efficiency of solar cells

NORTH CAROLINA, US: Researchers from North Carolina State University and the Chinese Academy of Sciences have found an easy way to modify the molecula ...

Read more
PMC completes acquisition of Arkema Beijing Chemicals

BEIJING, CHINA: PMC Group NA Inc has completed the purchase of Arkema Beijing Chemical Co Ltd. This completes the final portion of PMC’s previou ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X