In Singapore, our Chevron International Products business unit manages all of our downstream fuels businesses and joint ventures outside the Americas. That includes commercial and retail merchandising, marketing, terminal operations, and pricing, promotion and sales of Caltex® fuels in the Asia-Pacific region, Africa, Pakistan and the Middle East. The organization also directs Chevron's joint-venture manufacturing activities.
Refining
Chevron has a 50 percent interest in the Singapore Refining Company.
The refinery is able to process 290,000 barrels of crude oil per day into liquefied petroleum gas, gasoline, jet fuel, diesel, fuel oil and asphalt. Efforts to further improve competitiveness and yield are under way.
Supply and Trading
Chevron's Singapore office is home to one of the company's four global trading floors, along with London; Houston, Texas; and San Ramon, California. In Singapore, Chevron's businesses trade approximately 2.6 million barrels of crude oil and refined products per day on average. The businesses trade crude oil and refined products and manage risks in oil futures, derivatives and other financial markets.
Marketing and Lubricants
Chevron offers Caltex products to consumers in Singapore, including Caltex gasoline (petrol) with Techron®, Caltex Diesel with Techron D® and Havoline® and Delo® engine oils.
As of early 2013, Chevron has 29 Caltex service stations and mini convenience stores in Singapore.
Chevron also markets asphalt and fuels to inland industrial and commercial customers.
The Caltex brand—Chevron's main marketing brand in Asia, the Middle East and Africa—is also managed from Singapore.
Chevron also markets marine fuels and lubricants and coordinates fuel and marine lubricant activities elsewhere in Asia through its fuel and marine marketing business in Singapore.
Chevron is a major aviation fuel supplier in Singapore. We safely supply more than 27,000 scheduled international flights each year at Singapore Changi Airport.
Chemicals
Chevron Oronite
Singapore is the Asia-Pacific regional headquarters for our subsidiary Chevron Oronite Pte. Ltd. Our Singapore manufacturing plant is the largest additives manufacturing facility in the Asia-Pacific region. Our additives enhance the performance of lubricants in marine, automotive, railroad and natural gas engines as well as specialty industrial engines and equipment. Additives from our Singapore plant are sold in more than 15 countries throughout the region and are shipped to distribution points worldwide.
Since it was commissioned in 1999, the Singapore plant has been regularly upgraded to meet the needs of Asia's growing market. In February 2012, Chevron made a final investment decision to significantly increase the capacity of the additives plant on Jurong Island, and construction began that June. The expansion will increase component manufacturing, blending and shipping capacity. The project is expected to double the capacity at the plant, which since it was commissioned in 1999 has been the largest additives manufacturing facility in the region. Commercial operations at the expansion project are expected to begin in 2014.
Chevron Phillips Chemical Company LLC
Chevron is involved in a chemical facility in Singapore through our joint venture Chevron Phillips Chemical Company LLC (CPChem) and its affiliates.
CPChem has a 50 percent interest in Chevron Phillips Singapore Chemicals (Private) Limited, a joint venture that operates a high-density polyethylene plant on Jurong Island. The plant manufactures high-density polyethylene, a resin used to make plastic pipe, shopping bags, milk jugs, food and beverage containers, and household chemical and detergent bottles.
Updated: April 2013
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