SK Energy, South Korea's largest refiner, will be paid US$35 mln for providing operation and maintenance services to Singapore's Jurong Aromatics Corporation (JAC), from January 2008 to June 2013. SK Energy will provide services to a US$2 bln petrochemical plant being built jointly by Jurong Energy Corporation, Glencore, Noor Financial and Jiangsu Sanfangxiang Industrial Group.
The petrochemical plant to be built in Singapore's Jurong Island will use natural gas and condensate as feedstock, and will have annual output of 2.5 mln tons of petroleum products and 1.5 mln tons of aromatics upon completion in 2011.
14-Dec-07 
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