Downstream polymer processing industry to save on utility bills in Tembusu, Jurong

As the US$3 bln petrochemical cracker complex by Shell at Pulau Bukom is expected to come onstream in Q1-2010, downstream polymer processing units are expected to mushroom in the region. Petrochemical companies looking to set up processing plants at the Tembusu area of Jurong Island can look forward to around 10% savings on their utility bills, with the construction of Tuas Power's US$2 billion multi-utilities plant in the region. The plant, with planned initial opening in 2012, will supply steam, chilled water and electricity, which when co-produced, will lead to higher efficiency. These cost savings will be passed on to customers through more competitive rates when compared to energy from gas-fired plants.
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