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Singapore poised to host 'world's largest base oil plant of its kind'

EXXONMOBIL'S base-oil plant is set to emerge as the largest of its kind in the world after a multi-billion dollar expansion lined up for its integrated manufacturing facility gets the go ahead. Ted Walko, the company's global marketing manager for base stocks and specialties, told The Business Times that the plant, which is progressing towards a final investment decision in the first half of 2019, will enter into production by 2023. He described...


ExxonMobil starts up world's largest resin plant

Singapore EXXONMOBIL has started production at two new multi-billion dollar plants, producing petrochemicals used in adhesives and manufacturing tyres. The first plant, the world's largest of its kind, has an annual output of 90,000 tonnes of the company's proprietary product, Escorez hydrogenated hydrocarbon resins, the supermajor said on Thursday. Hydrogenated hydrocarbon resins are used in hot-melt adhesives, typically used in packing, or baby...


Singapore LNG inks deal with energy trader Trafigura

SINGAPORE LNG has signed an agreement with independent energy trader Trafigura for storage and reloading services at the SLNG Terminal on Jurong Island. The agreement signed on May 30 grants Trafigura access to 160,000 cubic metres of firm LNG storage on a segregated basis for the next 24 months. Trafigura had responded to a call for proposals from Singapore LNG that was launched in April, following the commissioning of SLNG Terminal's fourth...


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