NEW EO-Derivative Investments Planned For Singapore

Business, Company Strategy, Economics, Fibre Intermediates, Innnovation, Projects, Singapore




jtc_081.jpgSource of picture:



By John Richardson

NEW plants could be built in Singapore downstream of Shell Chemicals plans for optimising high-purity ethylene oxide (EO) production in the city state, the blog was told recently by a senior Shell Chemicals executive.

We assume that the new facilities are likely to produce high-value ethoxylates and perhaps ethanolamines. This would fit-in with the Singapore Economic Development Board strategy of going further down the petrochemicals value-chain.

Shell Chemicals acquired complete ownership of Ethylene Glycols Singapore (EGS) in November through buying-out the 30% stake held by a Mitsubishi Chemical-led Japanese consortium.

Following the deal there were media reports that the company planned to both optimise high-purity EO production at the Jurong Island petrochemicals complex and expand EO capacity, including possibly building a new plant.

Our colleagues at ICIS news had reported back in May last year that Shell Chemicals was in the advanced stage of planning for a new high-purity EO plant in Singapore.

But Iain Lo, the company’s Vice-President New Business Development and Ventures, told us: “I would rather use the term optimisation than expansion because it’s all about looking at the best balance between EO and mono-ethylene glycol (MEG) production.”

This balancing-out would involve both the older EGS plant and the Omega-process EO/MEG plant, which was brought on-stream in November last year, he added.

“Our high-purity EO could be consumed by new ‘over-the-fence’ customers in Singapore. This would fit with the Singapore government’s objective of adding value downstream.

“It is a developing story and we expect some announcements in H2 next year.”


Gaping Chasm Between Effective, Real Op Rates


By John Richardson A gaping chasm has opened up over the past 18 months between ...

Learn more

What's next for PetroChina and Ineos?


By Malini Hariharan After months of talks, PetroChina finally signed a framework...

Learn more
More posts
Polyethylene producers must avoid repeating the mistakes of Q1

By John Richardson AFTER a very challenging first quarter, nobody wants to make further write-downs ...

China’s PP production growth could lead to big declines in 2020 imports

By John Richardson PLEASE DON’T say I didn’t warn you. China is rapidly moving towards polypropy...

Coronavirus, impact on the developing world and the scale of demand losses

By John Richardson ALL OF us are struggling to come to terms with a collapse in the global economy t...

Coronavirus, reshoring and the polyester industry: Good luck with that

By John Richardson POLITICIANS, not just including the Populist variety, are talking a lot about res...

Beware of the fragile nature of the oil and petrochemical price recovery

By John Richardson RECENT rises in oil and petrochemicals prices should not in my view be taken as a...

China petrochemical inventories build on what could be false hopes of a V-shaped rebound

By John Richardson AS PETROCHEMICALS storage space in China fills up on the hope that the country ca...

Further polyethylene rate cuts seem inevitable with no certainty on who will blink first

By John Richardson IT IS NOT just a razor-like focus on petrochemicals demand that will get you thro...

What petrochemical companies must do to adapt to a smaller coronavirus economy

By John Richardson PETROCHEMICAL companies can adapt to the coronavirus New Normal by running their ...


Market Intelligence

ICIS provides market intelligence that help businesses in the energy, petrochemical and fertilizer industries.

Learn more


Across the globe, ICIS consultants provide detailed analysis and forecasting for the petrochemical, energy and fertilizer markets.

Learn more

Specialist Services

Find out more about how our specialist consulting services, events, conferences and training courses can help your teams.

Learn more

ICIS Insight

From our news service to our thought-leadership content, ICIS experts bring you the latest news and insight, when you need it.

Learn more