30 April 13
The Business Times
A LTHOUGH China Huaneng is China's biggest coal-fired power producer, this new owner of Tuas Power (TP) wasn't instrumental in ushering the use of coal into Singapore. Rather, it was TP itself that pushed for a coal-firing facility to provide cost-competitive utilities to petrochemical investors on Jurong Island; this was a couple of years before Huaneng bought the Singapore genco for S$4.2 ...
26 April 13
The Business Times by ronnie lim
SINGAPORE will next month launch a second consultation exercise to decide how future liquefied natural gas (LNG) supplies here could be secured, Minister in the Prime Minister's Office S Iswaran said yesterday. This dialogue, for which industry players have been anxiously awaiting, comes as Singapore is at the point at which it needs to look beyond the first tranche of LNG supply, he said. The ...
26 April 13
The Straits Times
THE upcoming liquefied natural gas (LNG) terminal on Jurong Island will be a major step towards strengthening Singapore's energy security, according to Mr S. Iswaran yesterday. The Second Minister for Trade and Industry told a conference here that the plant's opening late this quarter would be an "important milestone". "It will allow us to access LNG from global gas markets, to diversify our ...
24 April 13
The Business Times by jasmine ng
BOUSTEAD Singapore's energy-related engineering division has bagged contracts worth $60 million from oil and gas industries globally.The contracts, won since the start of its new financial year this month, raised the group's orderbook backlog to $415 million.The deals involve the design, engineering and construction of key process systems and waste heat recovery units for downstream oil ...
17 April 13
The Business Times by ronnie lim
[SINGAPORE] Shell has given the green light for two new world-scale plants in Singapore - one for making high-purity ethylene oxide (HPEO) and the other for carrying out ethoxylation - marking a key piece in the oil giant's latest multi-billion-dollar jigsaw of chemical investments here. There are likely to be even more expansions here going forward, as they will lay the foundation for future ...
17 April 13
The Business Times by ronnie lim
HOT on the heels of Shell's new investment announcements yesterday, surfactant maker Solvay Novecare was the first new downstream player to separately announce that it was setting up a "close to $50 million" large-scale alkoxylation plant on Jurong Island to make use of the oil giant's ethylene oxide (EO) feedstock. The Brussels-headquartered group's surfactants plant here is projected to start ...
17 April 13
The Business Times by ronnie lim
[SINGAPORE] Shell has given the green light for two new world-scale plants in Singapore - one for making high-purity ethylene oxide (HPEO) and the other for carrying out ethoxylation - marking a key piece in the oil giant's latest multi-billion-dollar "jigsaw" of chemical investments here. There are likely to be even more expansions here going forward, as they "will lay the foundation for future ...
13 April 13
The Business Times by jasmine ng
TECHNICS Oil & Gas and two other firms have formed a joint venture (JV) to provide engineering and construction services for the oil and gas industry. The deal was sealed between Technics, Eversendai Corporation Berhad and Eversendai Construction. They have jointly set up a company in Malaysia, Eversendai Technics, to provide engineering, procurement, construction and fabrication services for the ...
04 April 13
The Business Times by ronnie lim
GENCO YTL PowerSeraya is expecting to receive Singapore's first regasified LNG (liquefied natural gas) next week, to be used for power generation.This is from the commissioning cargo of LNG, which arrived last week from Qatar to enable the new SLNG terminal to ramp up to commercial operations.The volume of this lot of regasified gas is small, but is nevertheless significant in that it signals the ...
19 March 13
The Business Times by ronnie lim
GERMAN chemicals producer Evonik - in which Temasek Holdings last week paid 600-plus million euros (S$969 million) for a 4.6 per cent stake - has started recruiting staff for its world-scale 500 million euro methionine plant here starting up in Q3 next year. The Jurong Island plant will produce environment-friendly nutrients that go into making animal feed. Evonik "has big plans for Asia", ...
19 March 13
The Business Times by Lynn Kan
HALLIBURTON, the world's second-largest oil and gas equipment maker, opened its flagship manufacturing centre for completion tools at Jurong Industrial Park yesterday, to meet growing demand from the eastern hemisphere. Halliburton's Completion Technology and Manufacturing Center marks the first phase of the oilfield equipment giant's expanding presence in Singapore. The Completion Tools ...
06 March 13
The Business Times by Lynn Kan
CLASSIFICATION society DNV has said that there could be room for Singapore to introduce zero-emission battery-powered vessels - but only after it ushers in liquified natural gas (LNG) bunkering. Chief executive officer for DNV Maritime Oil & Gas Remi Eriksen told BT that implementing the use of battery-powered vessels could be easier than doing so for LNG bunkering and LNG-fuelled ships. The ...
05 March 13
The Business Times by ronnie lim
SINGAPORE looks set to finally embark on its first floating oil storage terminal. The move comes as the first underground caverns at the $890 million first-phase Jurong Rock Cavern are scheduled to be ready by the middle of this year - with the floating storage providing yet another solution to the shortage of surface land here needed for additional oil storage capacity. After a veil of silence ...
22 February 13
The Business Times by ronnie lim
A recycled, first-generation, biodiesel plant on Jurong Island - which had previously become defunct due to high palm oil prices - is finally in operation, more than two years after it was first acquired by its new owner, US speciality chemicals maker Stepan Company.Disclosing this during an earnings call for its latest Q4 financial results this week, the group's president and CEO, Quinn Stepan ...
21 February 13
The Straits Times
WHILE other businesses might be dragging their feet, office furniture manufacturer Innoplan Technology has taken the plunge into lifting its productivity. From training staff to adopting new IT solutions, the firm has recognised the need to invest in its staff to raise productivity. External consultants, for instance, were engaged to conduct training workshops such as on effective communication ...
|