Exxon Mobil's new facility opens, Yan Jinyong: The petrochemical industry's transformation requires adaptation and innovation | Lianhe Zaobao
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Exxon Mobil's new oil and gas recovery facility in Jurong Island has opened, enhancing the competitiveness of its Singapore plant. Deputy Prime Minister Janil Puthucheary officiated the opening, calling it the result of a decades-long investment of SGD 30 billion. The petrochemical industry faces challenges such as global overcapacity, changing demand patterns, and net-zero emissions, requiring adaptation and innovation. The new facility was built during the pandemic, integrating the manufacturing base with 22 new reactors and 150 kilometers of pipelines
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