Singapore Refining Co to pump over $633m into new facilities for Jurong Island refinery
The Singapore Refining Company plans to pump more than US$500 million (S$633 million) into installing new facilities at its refinery on Jurong Island, it said on Tuesday.
It wants to add a gasoline clean fuels facility and a cogeneration plant.
The gasoline clean fuels facility will let it produce transportation fuels to meet increasingly stringent gasoline quality specifications in the region, it said in a statement.
It added that the cogeneration plant will let it generate its own electricity supply and boost energy efficiency, which would help to lower greenhouse gas and sulphur oxide emissions.