Exxon will study third cracker
Singapore`s Economic Development Board (EDB) will team up with Mobil and Exxon in separate feasibility studies for the country`s third steam cracker project. Mobil recently announced it had signed a memorandum of understanding with EDB and Jurong Town Corp. to study a S$$1.5-billion project for an 800,000-m.t./year ethylene plant for completion in about 2001. Exxon now intends to launch its own parallel study, with EDB also involved. {open_quotes}Both feasibility studies will be carried out separately and at the same time,{close_quotes} an EDB spokesperson tells CW. {open_quotes}EDB, as a developmental agency, will provide Mobil and Exxon with the necessary facilitation and support.{close_quotes} Exxon`s original plan had been to study a slightly smaller cracker, with capacity of about 650,000 m.t./year. Both companies are involved in aromatics production in Singapore. Both cracker studies are expected to take 12-15 months to complete. Sources do not rule out the possibility of Mobil and Exxon then teaming up for the project or both US majors going ahead with their own plants. {open_quotes}Exxon Chemical is being considered as a possible partner in the third plant,{close_quotes} confirms EDB assistant managing director Gong Wee Lik. {open_quotes}More petrochemical complexes could be built if conditions remain favorable-there`s no reason to stop at three,{close_quotes} he adds. Singapore`s second ethylene plant, a joint venture involving Shell and a Japanese consortium, is already under construction and is scheduled to start production in 1997. Its initial planned capacity is for 428,000 m.t./year of ethylene and 214,000 m.t./year of propylene. The plant will be built on Pulau Ayer Merbau, which is the site of the existing S$$2-billion complex built in 1984 and producing 450,000 m.t./year of ethylene and 225,000 m.t./year of propylene.
- OSTI ID:
- 508301
- Journal Information:
- Chemical Week, Vol. 158, Issue 6; Other Information: PBD: 14 Feb 1996
- Country of Publication:
- United States
- Language:
- English
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