Matthew Spalding, Director, Hydrocarbons & Chemicals (SE Asia), WorleyParsons

WorleyParsons is a major ECPM player on Jurong island and is adapting its offering to cope with a faltering demand for new projects. WorleyParsons boasts a longstanding relationship with Singapore and the greater region, having entered and sustained joint ventures on the island decades ago. Can you please provide our readers with a more detailed history of the firm’s Singaporean presence? The Company, commenced operations in Singapore in the mid 1980s, as a result of a joint venture with Frasier. Given that our primary focus at the time was private infrastructure, the business was establis...

Builders and Movers Diversify to Conquer

As Singapore continues along its higher value added production journey and weathers the economic storm, EPCM contractors and service providers will have to continue to adapt, innovate, and vie for a smaller piece of the pie. Neha Ghanshamdas IMAGE: Courtesy of AKZONOBEL China’s 6.7% growth rate is hardly a new topic of conversation; some refer to this as the superpower’s “new normal”. What is often referred to as China’s chill, or the giant’s slower growth, has spurred a ripple effect across the region and the world. The state’s industrial overcapacity, coupled with lower dema...

    Argentina Petrochemicals and Chemicals 2016

    Country: Argentina • Industry: Chemicals • Publication: Global Business Reports • Release Date: November 2016 • Authors: Alice Pascoletti, Laura Brangwin, Harriet Bailey, Katherina Prügel and Francis Lister Executive Summary: In the wake of Argentina’s historic change in government, the discovery of huge shale oil and gas resources and the consequent focus for private investment in hydrocarbons and raw materials downstream, the country’s chemical market shows promising projections of expansion on the horizon. Since his December 2015 election, President Mauricio Macri has foc...

    Daniel De Nigris, Lead Country Manager, ExxonMobil Exploration Argentina

    ExxonMobil has been operating in Argentina for over 100 years. Right now its focus is the Vaca Muerta. ExxonMobil’s affiliates have been present in Argentina for over 100 years. Please describe ExxonMobil’s past and current involvement in Argentina? It has been a privilege to be a business partner with Argentina for more than 100 years. While the business has changed over time, Argentina has remained an important country in the ExxonMobil global portfolio. Here, we’ve been involved across the upstream, downstream and chemicals businesses, as well as business services. Right now, our u...

    A Unique Situation: Chemical Distribution in Argentina

    Low barriers to entry and a market closed to competition have led to a very fragmented distribution market in Argentina. This is about to change.   Harriet Bailey IMAGE: Courtesy of Henry Hirschen y Cia. S.A. Argentina’s chemical distribution market is highly diversified; around 100 companies operate in the market, with multinationals competing for business alongside generations-old, family-owned firms. More than a decade of Argentina’s closed economy prevented full-scale competition from taking place and smaller companies had the opportunity to develop specializations and embed the...

    Singapore Chemicals: Logistics

    Movers and Shakers: Singapore’s Logistics Firms Gear Up for Expansion Neha Ghanshamdas IMAGE: Courtesy of NSL Operational Looking down from the 57th floor of Singapore’s famous Marina Bay Sands Hotel, the island’s dark waters are speckled with the glimmering lights of hundreds of ships. According to the Maritime and Port Authority of Singapore (MPA), at any given point there are about 1,000 vessels floating in Singapore’s port. Approximately 30 million containers and 500 million tons of cargo are handled every year by Singapore’s terminals. The city-state has long been known for i...

    Singapore Chemicals 2016

    Country: Singapore • Industry: Chemicals • Publication: Global Business Reports • Release Date: October 2016 • Authors: Irina Negoita and Neha Ghanshamdas Executive Summary: Comfortably situated on Jurong Island, Singapore’s chemical sector serves as a pillar of the global chemical industry. In 2015, grossing over S$80 billion and employing more than 25,000 people, the sector accounted for 28.6% of Singapore’s total manufacturing output, according to the Ministry of Trade and Industry.  The city-state continues to perpetuate its “home for business” motto, impressing the w...

    How future-enabled chemical processes will alter manufacturing through innovation?

    As I look out of my window in Jurong Island, where I am surrounded by some of the most modern and efficient chemical plants in the world; and to Tuas where the pharmaceutical companies also have some of the most advanced manufacturing technology, it is clear that another major change in process R&D is underway. This new wave is driven by the vision of the future of manufacturing, the plant of the future and with it, the development lab of the future Dr. Keith Carpenter Executive Director, Institute of Chemical and Engineering Sciences (ICES) PHOTO: Accenture Singapore, July 2016 I vividl...

    Tricks of the Trade: Riding the Intraregional Wave

    Singapore is the leading trading hub in Asia – the fastest growing economic region in the world. GBR explores how the city-state intends to maintain this leadership. Neha Ghanshamdas IMAGE: Courtesy of AKZONOBEL Singapore’s unrivalled infrastructure in the region has propelled the island nation’s chemical trading activities to new heights. According to the local government agency responsible for bolstering the country’s international trade, International Enterprise (IE) Singapore, there are over 400 companies trading petroleum and petroleum products operating out of the country t...

    More articles