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Jurong Island

Puraglobe CEO Dr Alois Virag (front row, left) and Aster deputy CEO Andre Khor at the signing of an agreement between the two companies to jointly explore the development of an RRBO facility in Singapore.

Companies & Markets

Aster to explore new Singapore facility turning used motor oil into high-grade products

It could establish the city-state as an Asian hub for sustainable lubricants

PetroChina said it was able to maintain normal oil and gas operations due its low reliance on supply that transits through the Strait of Hormuz.

Energy & Commodities

PetroChina plugs Singapore plant’s shortfall with crude from China storage, trackers say

The tanker New Merit hauls 1.8 million barrels of crude from Dalian to Jurong Island

Past crises were "an opportunity for us to grow and reinvent ourselves", said Katoen Natie's outgoing Singapore chief executive, Koen Cardon.

Energy & Commodities

Singapore chemical logistics growth still promising despite Middle East war: Katoen Natie execs

Specialty chemical producers are scaling up their plants on Jurong Island, driving demand for warehouse storage

The investment underscores Katoen Natie's confidence in Singapore, said its chief executive for the Republic, Koen Cardon.

Companies & Markets

Logistics giant Katoen Natie to invest S$60 million in new Jurong Island facility

The company is investing an additional S$3.1 million in a fully automated storage and retrieval system

Dr Tan says Singapore's supply diversification efforts have worked in an “optimal” manner, even though it did not “plan for a war of this magnitude”.

Companies & Markets

Singapore prioritising ‘dry powder’ to intervene if Middle East conflict worsens: Tan See Leng

Singaporeans and businesses will need to brace for a ‘very bumpy ride’, and are urged to conserve energy

Cosco Shipping says it is coordinating with its appointed vendors and main contractor to ensure smooth progress on Jurong Island Logistics Hub.

Transport & Logistics

Construction of Jurong Island Logistics Hub Phase 2 reaches 3rd, 4th floors: Cosco Shipping

Demolition works for Phase 1 are also under way with minimal disruption to operations

With refineries and crackers under pressure, manufacturers are set to feel more strain in feedstock supply.

Companies & Markets

In charts: Singapore’s energy and chemicals sector in focus as Middle East conflict escalates

The sector’s green pivot could help it be less vulnerable to oil and gas disruptions in the long term

The petrochemical sector in Singapore, along with the rest of Asia, is facing a crunch in naphtha arising from the conflict in the Middle East.

Companies & Markets

‘Very grim’: Singapore, regional petrochem sector could see more force majeure notices; EDB in contact with players

Government agencies are working to support companies amid the ‘evolving situation’

Aster has scooped up energy-related assets, including Shell’s Singapore refining and refinery assets on Jurong Island.

Companies & Markets

Keppel, Chandra Asri’s Aster to assess development of Jurong Island sustainable aviation fuel plant

The proposed facility will have a planned production capacity of up to 100,000 tonnes of the fuel a year

DPM Gan says Singapore will work with industry leaders such as ExxonMobil to strengthen capabilities in higher-value, lower-carbon and green manufacturing.

ExxonMobil’s latest Singapore facility signals that innovation can continue amid global challenges: DPM Gan

The move comes even as the company is set to lay off 10% to 15% of its Singapore workforce by end-2027

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