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Evolution of the petrochemical industry in Singapore

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  • Hing Yun
  • Lee Jin

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.

Suggested Citation

  • Hing Yun & Lee Jin, 2009. "Evolution of the petrochemical industry in Singapore," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 14(2), pages 116-122.
    • Handle: RePEc:taf:rjapxx:v:14:y:2009:i:2:p:116-122
    DOI: 10.1080/13547860902785955
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    Cited by:

    1. V. A. Kryukov & V. V. Shmat, 2021. "Petro-Gas Chemistry in Russia’s East: Growth Driver or Ballast?," Regional Research of Russia, Springer, vol. 11(2), pages 174-186, April.

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