Exxon Singapore Plant to Start on Schedule

Exxon Mobil's new multibillion-dollar petrochemical plant in Singapore will be started on the scheduled date despite a global excess of ethylene supplies.

The ethylene cracker on Singapore's Jurong Island will produce one million tpa, according to Reuters.

The mechanical completion and start-up activities of the new facilities are expected to be in phases from late 2010 through to 2011, the company said.

ExxonMobil's senior vice president Andrew Swiger said the petrochemical industry goes through many cycles, which cannot be predicted.

"We will start our plant as scheduled," Swiger said.