highlights of operations
Singapore plays a critical role in Chevron’s global operations.
Singapore is the regional headquarters for our downstream operations in the Asia-Pacific region, including our manufacturing, marketing and lubricants businesses.We operate under our subsidiary Chevron International Pte. Ltd. Chevron’s supply and trading and shipping businesses have representatives in Singapore. Chevron Asia Pacific Exploration and Production is headquartered in Singapore.
Our lubricant additives manufacturing facility in Singapore, operated by Chevron Oronite Pte. Ltd., is the largest in Asia. Chevron has a 50 percent interest in a Singapore refinery that produces petroleum products for the Asia-Pacific region. Through our joint venture Chevron Phillips Chemical Company LLC and its affiliates, Chevron also has an interest in Chevron Phillips Singapore Chemicals (Private) Limited.
The Caltex® brand, which serves customers in the Asia-Pacific region and Africa, is managed from Singapore. There is a network of Caltex service stations and convenience stores in Singapore as well.
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 the promotion and sale of Caltex fuels in the Asia-Pacific region, Africa and the Middle East. The organization also directs Chevron’s joint-venture manufacturing in Asia and joint-venture aviation activities in the Middle East.
Chevron has a 50 percent interest in the Singapore Refining Company (SRC).
The refinery processes up to 290,000 barrels of crude oil per day, producing liquefied petroleum gas, gasoline, jet fuel, diesel, fuel oil and asphalt. In 2015, construction continued on the SRC’s gasoline clean fuels facility and a cogeneration plant. The new facilities are expected to increase the refinery’s ability to produce higher-value gasoline and improve energy efficiency. The project is expected to be completed in 2017.
supply and trading
Chevron’s Singapore Supply and Trading office is home to one of the company’s four global trading floors, along with London; Houston, Texas; and San Ramon, California. The organization manages daily commodity transactions of 5 million barrels of liquids and 5 billion cubic feet of gas.
marketing and lubricants
Chevron offers Caltex products, including Caltex gasoline with Techron® and Caltex Diesel with Techron D®, to consumers in Singapore.
Through distributors, Chevron also markets Delo® and Havoline® lubricants and coolants, along with other lubricating oils and greases, to consumer, commercial and industrial customers.
As of early 2016, Chevron has 27 Caltex service stations, 26 convenience stores and one mini mart in Singapore.
Chevron also markets asphalt and fuels to inland industrial and commercial customers.
The Caltex® brand—Chevron’s main marketing brand in Asia-Pacific 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 the fuel for more than 27,000 scheduled international flights each year at Singapore Changi Airport.
Singapore is the Asia-Pacific regional headquarters for our subsidiary Chevron Oronite Pte. Ltd. Our Singapore manufacturing plant on Jurong Island 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 in 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.
The plant has continued to expand since its commissioning in 1999 and has a major project currently under way to add carboxylate production. Carboxylate is a sulfur-free detergent used in high-performance additive packages. A similar unit is already in place in Gonfreville, France, and the addition of the new plant in Singapore will about double Oronite’s global carboxylate capacity upon completion, planned for 2017.
Chevron is involved in a chemical facility in Singapore through our joint venture Chevron Phillips Chemical Company LLC (CPChem).
CPChem has a 50 percent interest in Chevron Phillips Singapore Chemicals (Private) Limited, a joint venture that operates a high-density polyethylene (HDPE) manufacturing plant on Jurong Island. HDPE is used in pressure piping, gasoline containers and tanks, and soap and detergent bottles, among other things.
in the community
Caltex Energy for Learning® is our signature social investment program in Singapore. Through this initiative, we support projects that inspire learning and create opportunities for individuals to acquire new knowledge and skills.
In 2015, Chevron Singapore and community partner Central Singapore CDC launched Fuel Your School – STEM @ Central Singapore. Targeted at lower secondary school students, the program aimed to nurture a passion for science, technology, engineering and mathematics, or STEM, subjects.
During a one-day camp, students toured Universal Studios Singapore and took part in a practical, hands-on workshop. Participants then applied their new appreciation of real- world mechanics and physics to designing their very own model roller coaster. Winners of the most impressive roller coasters—as chosen by Facebook likes—also helped fund their respective schools’ mathematics and science departments.
From 2012 through 2014, Chevron Singapore partnered with the People’s Association (PA) on Caltex PAssion for Kids, an enrichment program targeted at underserved families. This initiative inspired learning in underprivileged children in primary and secondary schools by giving them the opportunity to gain knowledge and develop new skills in different ways.
Chevron Singapore received the Community Spirit Award from the PA in recognition of our contributions to the community in 2011, 2013, 2014 and 2015.
record of achievement
In 1933, Chevron entered the Singapore market through The Texas Company (China) Ltd., a former Texaco company. In 1936, a partnership between Chevron and Texaco created the Caltex® brand. In 1937, Caltex introduced its first fuel oil and diesel fuel bunkering terminals. Operations started at the Tanjong Pagar Terminal in 1938. Caltex significantly expanded operations in 1958 with the addition of another bunkering terminal. In 1964, a lubricants blending plant was built in Tanjong Penjuru.
Texaco merged with Chevron in 2001.
introducing lubricant additives
In 1972, Chevron Oronite opened a sales office in Singapore for Oronite® additives. In 1995, Singapore became the Asia-Pacific regional hub for Oronite.
In 1999, we built our Singapore manufacturing plant, the largest lubricant additives manufacturing plant in Asia.
a leader in refining
In 1979, Chevron, through Caltex, became a one-third partner in Singapore Refining Company.
The partners upgraded the refinery in the 1980s by adding visbreaker, reformer and hydrocracking units, which greatly increased the refinery’s capacity and enabled it to meet changing demands in the market.
In 1995, the refinery was further upgraded at a cost of $1 billion. A residual-fluid cracking unit and other associated facilities were installed, which increased production of gasoline and diesel.
Singapore became the regional headquarters for Chevron’s Asia-Pacific downstream operations in 2001 and for the company’s Asia-Pacific exploration and production operations at the start of 2013.
The refinery’s crude oil processing capacity continued to grow steadily. In 2004, Chevron’s interest in SRC increased to 50 percent.
As a business partner and as a member of the community, Chevron is committed to creating superior value for our investors, customers and partners, the Singapore government, local communities, and our workforce.
Operational excellence is a critical driver for business success and a key part of our enterprise execution strategy. Operational excellence is defined as the “systematic management of process safety, personal safety and health, environment, reliability, and efficiency to achieve world-class performance.”
honored in the business community
We and our affiliates have made significant contributions to Singapore as investors and employers for the last 80 years.
Our commitment to Singapore was recognized by the Economic Development Board in 2005, when Chevron received the Distinguished Partner in Progress Award for our commitment to developing Singapore’s manufacturing industry and for our contributions to the people and economy of Singapore.
In 2009 and 2010, Chevron Singapore was recognized for our human resources (HR) initiatives. The Singapore Human Resources Institute honored Chevron with the following awards:
- Leading HR Practices Award in Strategic HR
- Talent Management
- Retention and Succession Planning
- Employment Relations and People Management
- Health and Employee Wellness
- Workplace Safety and Health
- Learning and Human Capital Development
In 2010, Chevron won the Grass Roots Asia Pacific Award for Best Reward and Recognition Strategies at the HRM Awards Singapore.
Also in 2010, Chevron Oronite was presented with Singapore’s Work-Life Achiever Award. This award recognized the company’s efforts to achieve a happy and healthy work environment.
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