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Based on the Economic Development Board (EDB) statistics in Yr 2000, Singapore's major industry sectors are namely Electronics, Chemicals, Engineering and Biomedical sciences, where the Chemical Industry is the second largest in the manufacturing sector.
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Within the chemical cluster, key contributions stem from the petroleum, petrochemical and specialty & industrial chemicals, where output in Yr 2000 has amounted to S$31.8 billion. Today, Singapore is the world's third largest oil refining centre with a total refining capacity of 1.2 million barrels per day and houses global oil players such as BP, Caltex, Esso, Mobil and Shell. |
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In view of the needs of the chemical industry, Jurong Island has been reclaimed through the amalgamation of seven existing islands off Singapore's southern coast, for the purpose of housing Singapore's chemical industry. In addition, a similar concept, in the form of Tuas Pharma Park, is also in place to cater to the growing needs of the pharmaceuticals industry. Located further north to Jurong Island, Tuas Pharma Park is currently home to companies like Merck Sharp & Dohme and Schering-Plough. |
| In tandem with the growth of the chemicals cluster, world-class Process Control and Engineering Companies have also been expanding their presence in Singapore and using Singapore as their regional engineering centres and regional headquarters. Examples include ABB Lummus, Bechtel, Brown & Root, Gensym, Honeywell and Yokogawa. |
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