11 November 2009 04:29 [Source: ICIS news]
SINGAPORE (ICIS news)--Shell Chemicals is on track to start up its new 800,000 tonne/year naphtha cracker in the petrochemical hub of Jurong Island, Singapore, in the first quarter of next year, said a company official on Wednesday.
The company was also in the process of starting up a downstream 750,000 tonne/year monoethylene glycol (MEG) plant at the same site, said its executive vice president, Ben Van Beurden.
The jetty, which is designed to load and discharge refrigerated ethylene to and from ethylene carriers, will allow Shell to export surplus ethylene to customers in the region when the cracker comes on stream next year, the company said earlier in a statement.
Shell's ethylene exports from Singapore starting next year are expected to provide relief to the short supply situation in southeast Asia, market sources said. On paper, the new cracker could have as much as 350,000 tonnes/year of surplus ethylene should the cracker run at full rates, market sources added.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|