Featured Stories | Singapore Economic Development Board

CREDIT: ExxonMobil

ExxonMobil Powers Up

Less than 10 years ago, ExxonMobil built in Singapore its largest chemical facility in Asia. Now, it is adding another world-scale petrochemical facility in Singapore. When completed in 2011, ExxonMobil’s largest owned and operated petrochemical complex and the Corporation’s largest integrated chemical and refining site in the world will be located in Singapore.

"This is a significant investment for ExxonMobil and it demonstrates our continued commitment to serve Asia Pacific as well as our confidence in the region's long-term growth potential. This project supports Singapore’s vision to be a global petrochemicals hub and enhances ExxonMobil’s ability to meet increasing demand for our products in the region." Said Michael J. Dolan, Senior Vice President, ExxonMobil Corporation.

The new plant will create approximately 400 new positions in Singapore. It will feature some of ExxonMobil’s proprietary and state-of-the-art technologies to produce a range of high value products. This includes a specialty polymer called Vistamaxx. Highly elastic and flexible, this new polymer will be used for next-generation medical, automotive and apparel materials.

CREDIT: Mitsui Chemicals

More Chemistry for Mitsui

Mitsui Chemicals, Inc. of Japan is expanding its footprint in Singapore. The company, one of the largest chemical companies globally, is ploughing in US$153 million to build a second TAFMER™ plant, a project that is very much in line with Singapore’s push to develop advanced materials. TAFMER™ is a flexible and light resin modifier that improves impact-resistance for moulding materials such as automobile bumpers.

Prior to this, Mitsui cemented its presence in Singapore by setting up its first overseas corporate R&D centre here in 2006. It is housed at the Institute of Chemical & Engineering Sciences (ICES), a research institute of the Agency for Science, Technology and Research (A*STAR), on Jurong Island.

CREDIT: Lanxess

Lanxess Finds the Right Formula in Singapore

Lanxess, a global leader in specialty chemicals, will set up a €400 million facility in Singapore to produce up to 100,000 tonnes of butyl rubber annually. Due to be commissioned in 2011, the new production plant will meet growing demand for butyl rubber, a material essential for many applications. The production process of butyl rubber requires a high degree of technology and sophistication, and the Lanxess facility is indicative of Singapore’s focus on moving away from commodity products to high-value added specialities.

CREDIT: 3M

3M Rolls Out New Films

3M, a world-renowned technology company with a diversified product line and a rich history of innovation, will be setting up a manufacturing facility in Singapore to produce specialty films used in a wide range of applications including solar, architecture and electronics. When completed in 2009, the facility will help 3M to better serve the fast-growing Asia market and support its efforts to accelerate growth. 3M also has plans to establish a Superhub in Singapore, which will conduct R&D activities to develop new product innovations for the market.