JTC explores how to make fuller use of limited land  

With the world’s largest petrochemical companies like ExxonMobil and PetroChina planning even more investments in Singapore, the country is studying how to intensify land use for the industry. This follows Singapore’s leading industrial infrastructure specialist JTC Corp.’s recent foray into building underground oil/chemicals storage caverns on Jurong Island and its plans for offshore floating oil storage to complement land reclamation on the petrochemicals-complex island. JTC’s latest land intensification study, started last July, called for a consultant to study land intensification for the offshore and marine sector, given the shortage of sites, especially with waterfront access. JTC said that with energy and chemicals accounting for 38.6% of Singapore’s manufacturing output, its challenge is to see how it can intensify land use or create more land to support the industry’s growth. (August 7, 2010)