MOSCOW (MRC) -- Vopak, in a partnership with SK Gas, said it has received its first cargo at the new liquefied petroleum gas (LPG) facility on Jurong Island, Singapore, marking the start-up of Southeast Asia's first independent LPG import and storage facility, as per Apic-online.
The facility, located at Vopak's Banyan terminal, has an initial capacity of nearly 80,000 cu m. ExxonMobil Asia Pacific, one of the anchor tenants of the Vopak terminal, will receive the first shipment, fully refrigerated propane.
"The LPG facility will help in providing us increased flexibility in securing advantaged feedstock for our inte-grated refining and petrochemical complex," noted Gan Seow Kee, chairman and managing director of ExxonMobil Asia Pacific.
"With this new LPG facility, crackers can now tap on alternative feedstock," said Damian Chan, executive director, energy and chemicals, Singapore Economic Development Board. "This will strengthen our integrated chemicals value chain and further enhance Jurong Island's attractiveness as a manufacturing location for high-value added chemicals," he added.
As MRC wrote before, in early 2014, ExxonMobil officially opened its multi-billion dollar Singapore chemical plant expansion on Jurong Island, to serve growth markets in the Asia-Pacific region. The expansion included a second 1-million-t/y steam cracker, two 650,000-t/y polyethylene plants, a 450,000-t/y polypropylene plant, a 300,000-t/y specialty elastomers unit, an aromatics extraction facility to produce 340,000 t/y of benzene, and a 125,000-t/y oxo-alcohol expansion.
ExxonMobil is the largest non-government owned company in the energy industry and produces about 3% of the world's oil and about 2% of the world's energy.
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