SINGAPORE faces the challenge of building a low-carbon world in the coming decades, Minister for Trade and Industry Chan Chun Sing said at an energy and chemicals industry event on Friday morning.
He said the Republic is committed to working with energy and chemicals industry partners on competitiveness and sustainability, such as by fostering the development of next-generation products.
The minister was at the official opening of global petrochemical giant ExxonMobil’s butyl and resins plants at its integrated refining and petrochemical complex on Jurong Island.
The two new facilities, which were completed in 2017, add a resin production capacity of 90,000 tonnes a year and a butyl capacity of 140,000 tonnes a year.
The resin plant, which makes glue used in packaging and diapers, was fired up in December 2017, while the butyl plant, which will make halobutyl rubber for tyres, began production in May 2018 and is expected to start commercial operations in the second half of 2019.
The two plants together add 140 jobs – including engineers, technicians and other supervisory management roles – to ExxonMobil’s headcount in its Singapore manufacturing complex, which is its biggest production plant worldwide. The expansion brings the company’s workforce to more than 4,000 in the Republic in all, with around 1,300 members of that staff in chemicals manufacturing.
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