Chevron Oronite makes final investment decision for Singapore expansion
Chevron Oronite has taken the final investment decision to move forward on its plan to significantly expand the capacity of the company’s additives manufacturing plant on Jurong Island in Singapore. Construction is scheduled to be completed in early 2014. The additives produced by the plant are used to improve the performance of lubricants used in engines, hydraulic systems and drivelines. “Chevron Oronite has long forecasted the continued increase in additive demand throughout the Asia-Pacific Region,” said Ron Kiskis, president. “This expansion of our Singapore facility will help keep us at the forefront of that growth for years to come.” In a previous announcement, the company explained that its plan to expand the Singapore plant would grow manufacturing, blending and shipping capacity, as well as improve overall infrastructure. “When this expansion is complete, we will have more than doubled the size of our Jurong Island facility since it was commissioned in 1999,” said Morgan Clark, vice president, manufacturing and supply. “This is important because it will position us well for the additional growth in the Asia-Pacific Region as well as provide the additional capacity and flexibility that will help strengthen our global supply chain to even more reliably serve our customers’ needs.” Oronite’s Singapore plant occupies a 20-hectare site on the Jurong Island chemical hub that is a convenient source of feedstock and utilities. Oronite, which is based in San Ramon, Calif., U.S.A., is an indirect, wholly owned subsidiary of Chevron Corp. (March 7, 2012)