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Jurong Island is at the heart of Singapore’s energy and chemicals industry. It is home to almost 100 leading global petroleum, petrochemicals and specialty chemicals companies.
Jurong Island boasts of a rich history formed from the amalgamation of seven small islands into a world-class chemicals hub.
With its dedicated "plug and play" infrastructure, Jurong Island
enables companies to enjoy cost savings through shared third-party
utilities and services, and at the same time build synergy through
product integration.
The Island is getting ready for the future
with the Jurong Island Version 2.0 (JIv2.0) initiative. Being the
centrepiece of Singapore’s global positioning as an integrated chemicals
hub, the Island hosts many world-class chemical companies, amounting
to about $42 billion in investments. As Singapore gears itself for the
increasing global competition, JIv2.0 is set to transform Singapore’s
petrochemicals hub with future-ready solutions.
This initiative
adopts a “whole-of-government” effort to enhance Jurong Island’s
competitiveness as well as sustainability by strengthening robustness of
the current system, achieving a higher level of resource optimisation,
and developing industrial optionality. JIv2.0 encompasses a thorough
review of five core areas, namely energy, logistics and transportation,
feedstock options, environment and water.
Companies on Jurong
Island currently enjoy a web of mutually-beneficial partnerships in a
“plug and play” environment. With JIv2.0 in place, they can look forward
to innovative system level solutions that will create further value for
them.