Wednesday, June 09, 2010

Ethylene glut does not deter ExxonMobil, start up of Singapore petrochemical plant on schedule

Despite the current glut in ethylene supplies amid weakening buying sentiments and outlook, ExxonMobil will not delay the start up of its new petrochemical plant in Singapore. The ethylene cracker on Jurong Island has a capacity of 1 mln tpa.

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