PUBLICATION

Chemical Week

AUTHORS

Margarita Todorova, Alexander Stonor, Maeve Flaherty, Micah Lanez

Singapore Chemical Week Report 2023

October 02, 2023

The chemical industry in Singapore is a powerful and innovative sector that has made the country one of the world's leading energy and chemical hubs. With a mix of refining, olefins production, and chemicals manufacturing capabilities, Singapore has attracted over 100 global chemicals firms that have established major operations in the country. The industry is supported by world-class infrastructure, with Jurong Island serving as Singapore's centerpiece for refining, petrochemical, and specialty chemicals activities.

Singapore's strong logistics capabilities, regional connectivity, and comprehensive free trade agreements facilitate the import and export of chemicals for companies. As the industry shifts towards using biofeedstocks, mono-material packaging, and eco-friendly formulations, Singapore has positioned itself as a sustainable and highly productive hub for chemical manufacturing. Amidst a turbulent global economy and weak demand for chemicals globally, Singapore has looked to new technologies and invested heavily in its infrastructure. With its strong intellectual property protection and extensive public and private research infrastructure, the island country has maintained itself as a top chemical exporter worldwide.

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