Energy industry faces climate and job hurdles: Chan Chun Sing

"In a world of uncertainty, where investors are looking for long-term stability, we need to provide that … beyond one or two terms of government."

The two new facilities, which were completed in 2017, add a resin production capacity of 90,000 tonnes a year and a butyl capacity of 140,000 tonnes a year. Mr Chan, who previously led the National Trades Union Congress, drew a line in his speech between protecting jobs and protecting workers. "These two new speciality chemical plants will strengthen ExxonMobil's competitive manufacturing base to help meet market demand for these high-performance products."

Construction of the new project - which will add 20,000 barrels a day to certain base stocks capacity, and increase lower-sulphur fuel capacity by 48,000 barrels a day - is scheduled to begin in the second half of 2019, with operations expected to start in 2023.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chan Chun Sing, industry experts to discuss growth strategies at Singapore Maritime WeekSINGAPORE - Growing maritime Singapore through connectivity, innovation and talent will be the key focus of the upcoming Singapore Maritime Week 2019, the Maritime and Port Authority of Singapore (MPA) said on Tuesday (April 2).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Asean can be neutral platform for countries outside region to do business: Chan Chun SingSINGAPORE - Asean can be a neutral place for economies beyond this region to do business with each other, said Minister for Trade and Industry Chan Chun Sing on Wednesday (April 3).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Stocks to watch: SingPost, China Everbright, Swee Hong, Eneco Energy, Metech InternationalTHE following companies saw new developments that may affect trading of their shares on Thursday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »