PUBLICATION

Global Business Reports

AUTHORS

Irina Negoita, Neha Ghanshamdas

Singapore Chemicals 2016

November 01, 2016

Comfortably situated on Jurong Island, Singapore’s chemical sector serves as a pillar of the global chemical industry. In 2015, grossing over S$80 billion and employing more than 25,000 people, the sector accounted for 28.6% of Singapore’s total manufacturing output, according to the Ministry of Trade and Industry. 

The city-state continues to perpetuate its “home for business” motto, impressing the world with its top-class facilities, regulatory transparency, and innovative policies. Positioned among high growth markets such as Indonesia, Malaysia and India, Singapore is well aware that it must reinvent itself to stay afloat and, more importantly, ahead. This will be especially important in the midst of a current global economic downturn that has muted demand and slowed the advent of new projects. Today, a new set of dynamics is at play, keeping Singapore and its chemical industry on their toes. 

RELATED INTERVIEWS MORE INTERVIEWS

WorleyParsons is a major ECPM player on Jurong island and is adapting its offering to cope with a faltering demand for new projects.
Unichem are in partnership with Novvi to bring synthetic renewable and biodegradable hydrocarbon production to South Africa.
Pochteca offers a portfolio of over 7,300 industrial products to clients throughout Latin America.
Unigel Mexico laments the country’s inadequate feedstock production.

MACIG

Bolloré DRC believes it has a key role to play in streamlining cargo flows and securing supply and exit corridors for the country.

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