Shell announces that it is progressing to the next phase of its proposed cracker and derivatives project in Singapore. This phase will result in a detailed design and engineering package for construction to begin in 2006 and start-up in the first half of 2009. The project will include modifications and additions to the existing Bukom refinery owned by Shell Eastern Petroleum (Pte) Ltd (SEPL), a new ethylene cracker on Bukom Island and a new MEG plant utilising Shell’s proprietary technology on Jurong Island. Both the cracker and the MEG plant will benefit from integration with Shell’s existing investments in Singapore. The project is planned to be a collaboration between Shell and the Singapore Economic Development Board. Detailed discussions will take place in 2005.
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