Evolution of the petrochemical industry in Singapore

Hing Yun and Lee Jin

Journal of the Asia Pacific Economy, 2009, vol. 14, issue 2, 116-122

Abstract: This paper examines the historical development of the petrochemical industry in Singapore. While it had its origins in an earlier political economy, the petrochemical industry emerged only during the industrialization of Singapore. In addition, throughout the ensuing post-industrialization process, the enterprise was at the forefront of the endeavours of the state at maintaining a viable manufacturing sector. In its development, the Petrochemical Corporation of Singapore (PCS) was crucial at encouraging investments and integration throughout the oil, petrochemical and chemical industries on Jurong Island. Consequently, the leading companies were able to garner the benefits of infrastructural and production synergies from this cluster.

Date: 2009
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DOI: 10.1080/13547860902785955

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