ExxonMobil recently announced it has expanded its Singapore chemical production facility.
“Global chemical demand will grow at a faster pace than GDP as people seek higher standards of living and purchase more household and packaged goods manufactured with chemical products,” Rex W. Tillerson, chairman and CEO. “Two-thirds of that growth in chemical demand will be here in the Asia-Pacific region. ExxonMobil’s expanded Singapore chemical plant is uniquely positioned to serve these growth markets—from China to the Indian subcontinent and beyond.”