As the second largest contributor to manufacturing output in Singapore, the Energy and Chemicals sector has over 100 global chemical firms locating their major operations here. Explore ways to upgrade capabilities and forge partnerships for growth.
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Talent Attraction & Development
An evolving chemical hub
The Singapore Chemicals Report 2021 presents Singapore’s chemical industry as an evolving hub, transforming under the guidance of sustainability, digitalisation and value addition. The report draws from 69 interviews with regional CEOs of key chemical, energy, logistics, environmental and digital companies that shape the scene of Singapore’s chemical and petrochemical industry.
2022’s edition, titled Singapore Chemicals, Ingredients, and Materials, covers a broader scope of this increasingly diversified and integrated sector. It shares insights on how the industry is transforming on the back of mega trends such as heightened inflation and the global decarbonisation agenda.
Government agencies, the Association of Process Industries (ASPRI) and Singapore Chemical Industry Council (SCIC) have formed the Process Construction and Maintenance (PCM) Management Committee to look into improving the overall productivity of the PCM sector, a key supporting sector of the Energy & Chemicals industry.
Formed in 2015, the PCM Management Committee (PCMMC) consists of stakeholders from major Energy & Chemicals plant owners, PCM companies, Trade Associations and Chambers (TACs), and relevant government agencies. The committee drives productivity initiatives in the PCM sector and helps process companies navigate industry trends. PCMMC formed the Productivity Council (PC) to spearhead productivity initiatives and foster the global competitiveness of Singapore’s Energy and Chemical Industry.
In Nov 2019, the PC launched a Productivity Certification Framework (PCF) to serve as the industry’s yardstick for productivity and provide a measured approach to benchmark productivity efforts and improvements for the Process Construction and Maintenance (PCM) sector. PCF will also serve as the cornerstone upon which further productivity efforts will be built to strengthen the local PCM sector supporting the Energy and Chemicals Industry.
Interested companies may reach out to the Singapore Chemical Industry Council (SCIC) for more information on PCF.
Get recognised for consistent quality through standards
Adopting standards is an effective way for your company to maintain consistent quality, build customer trust, and gain acceptance in global markets.
Use recognised standards for your business and assure your customers that you have met local and international benchmarks for good quality.
Is your business staying competitive?
The Energy & Chemicals Industry Transformation Map (ITM) 2025 is a two-pronged strategy to help the sector decarbonise, while seizing opportunities arising from the green economy and the continued demand for chemicals across Asia that is driven by urbanisation and the rise of the middle class. It will focus on ramping up innovation capabilities within the private and public sectors.
Shifting the focus to high-value chemicals and specialty chemicals, the ITM will prioritise four clusters in specialty chemicals – nutrition and agriculture, hygiene and health, smart materials and mobility, and sustainability.
Through the ITM’s efforts, the industry is expected to generate manufacturing value-added growth of 3 percent annually to S$14.2 billion by 2025.