As Singapore’s chemicals hub, Jurong Island is a flourishing community of some 100 companies, including leading petroleum, petrochemical and specialty chemical companies.
Jurong Island attracted strong interest and several new allocations in FY2011.
In April 2011, 10.9 hectares of land at Seraya was allocated to GMR Energy (Singapore) Pte Ltd to develop a $800-million power plant with commercial steam supply capabilities. Capable of producing between 200 and 300 tons of steam a day, the plant will be more environmentally friendly than fuel oil-fired steam turbine plants.
A 12-hectare site was taken up by Chang Chun Dairen Singapore Pte Ltd (CCD) in June 2011 – a joint venture between the Taiwan Chang Chun Group (CCG) and Dairen Chemical Co. Ltd (DCC). Construction has already begun, and the project is slated for completion in early 2013. The $350-million project involves setting up three manufacturing plants for the production of VAM, Ally Alcohol and Cumene, and will take significant amounts of ethylene (C2) and propylene (C3) from Shell’s cracker facility.
Zeon Chemicals Singapore (Zeon) took up a 8.2-hectare site at Banyan Drive in August 2011. As part of the Zeon Corporation – one of the world’s leading synthetic special rubber manufacturers – Zeon will construct a $240-million Solution Styrene-Butadiene Rubber (S-SBR) plant on the site, bringing to Singapore the corporation’s unique technologies.
In January 2012, Sumitomo Chemical Asia (SCA) took up a 5.76-hectare site at Merbau to build an S-SBR plant as well. The $174-million plant is set to produce a total of 40,000 tonnes of S-SBR per annum.
Evonik Degussa (SEA) Pte Ltd was allocated a 17-hectare site at Banyan Avenue in March 2012, to develop its fifth DL-Methionine Plant – a first for the company in Asia. The vertically integrated, $750-million plant will have a nameplate capacity of 150ktpa, accounting for about 30 per cent of the total worldwide production capacity.
The DL Methionine will be manufactured using a new technology that seeks to increase the reliability and efficiency of the production process, contributing to Jurong Island’s position as a hub for industrial innovation.