Singapore Petrochemical Industry Promises More Potential

petrochemical

Singapore is the best location for petrochemical businesses to capitalize on the regional growth potential. The Singapore advantage was underscored with the successful launch of the multi-billion dollar Shell Eastern Petrochemicals Complex which spans Pulau Bukom and Jurong Island. The project in Singapore has created Shell’s largest, fully-integrated refinery and petrochemicals hub. This is regarded as a major milestone in the energy and chemical industry which with billion annually accounts for one third of Singapore’s manufacturing output. SEPC comprises a new ethylene cracker and a butadiene extraction unit on Bukom, and a mono ethylene glycol plant on Jurong Island.

Experts opine that the Shell Eastern Petrochemicals Complex (SEPC) could help to attract some billion in fixed asset investments from leading global chemical firms. The facility will bring in a wave of high value downstream investments in the chemical industry. The Asian petrochemical demand grows at the rate of 4-5% annually. As Asia grows and its demands for construction materials, textiles, packaging materials etc escalates, the demand for petrochemicals will also shoot up. To tap on this opportunity it is essential to be near the market to save costs as well to procure sensibly, for instance, the SEPC equipped with the cracker unit will be able to supply at competitive rates to the regional markets than the Middle East.

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Texas Considers Alternative Fuels In The Face of Oil Prices: A Run-Down of Choices

bioethanol fuel

The dramatic rise in oil prices over the past few years has generated a lot of attention for alternative fuels and alternatively powered vehicles. Environmentalists hail it as the beginning of a revolution and a natural consequence of using non-renewable resources with abandon. The public health benefits that would result from a major increase in those using alternative fuels is almost immeasurable. Even Texas, second only to Alaska in the amount of oil produced per year, has biodiesel stations in Austin, Houston, Dallas, and many other parts of the state.


All the major car manufacturers are coming out with hybrid models, and prototypes are in the works for an American release of a mass-produced, plug-in electric hybrid vehicle as early as 2009. These models promise up to 150 miles per gallon, and that’s just the beginning of what this technology can do. More and more Americans are planning to buy an alternatively- fueled vehicle as their next car or truck.

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Demands For Alternative Fuels – Reasons For Its Rise Among Americans

alternative fuels

In the United States today, more and more people are demanding alternative fuels instead of strictly gasoline powered vehicles, and for many reasons. One reason is that alternative fuels are better for the environment and help fight global warming, which is an ongoing and increasing concern of many in the U.S. as well as globally. The cost of gasoline and other petroleum based products are rising at rate that has, heretofore, been unprecedented. Automobile travel is becoming very expensive as a result, and the U.S. is a nation that relies on its transportation. Consequently, there is an increasing demand for less expensive, alternative fuels. Scientists are charged with a double task, creating fuels that are inexpensive and better for the environment. New alternative fuels currently becoming available offer a number of advantages and U.S. consumers are beginning to seriously consider the newly available options, over continued dependence on fossil fuels.

When consumers choose alternative fuels both for their automobiles and their homes, they are helping to save the environment and themselves some money. In 2005, the U.S. National Academy of Sciences issued a joint statement with 10 other National Academies of Science stating “the scientific understanding of climate change is now sufficiently clear to justify nations taking prompt action. It is vital that all nations identify cost-effective steps that they can take now, to contribute to substantial and long-term reduction in net global greenhouse gas emissions.” Alternative fuels are one step toward lessening greenhouse gas emissions.

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