Thomson Financial News
Shell Chemicals seeks partners for new $500 million Singapore facility – report
06.29.08, 10:05 PM ET
SINGAPORE (Thomson Financial) – Shell Chemicals, the petrochemicals unit of Royal Dutch Shell, is seeking potential partners for a $500 million styrene monomer/propylene oxide (SMPO) manufacturing facility it plans to build in Singapore, the Business Times reported on Monday, quoting a senior company executive.
Strong demand for SMPO, which are chemicals used in the production of polystyrene containers and rubber soles, is underpinning the project, said Fang Yea-Yee, Shell Chemical’s general manager for SMPO and derivatives.
‘A lot of work is going on and we are in discussions with possible joint venture partners,’ Fang said.
Shell Chemicals has an existing SMPO joint venture with Germany’s BASF (nyse:BF – news – people ) in Singapore. The joint venture company, called Ellba Eastern, produces 250,000 tonnes of propylene oxide and 550,000 tonnes of styrene monomer annually.
‘Shell believes the strong growth in the Asia-Pacific demand for both styrene and propylene oxide will continue to create attractive opportunities for new SMPO investments,’ Fang said.
($1=S$1.36)
–
jb/ng
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
http://www.forbes.com/afxnewslimited/feeds/afx/2008/06/29/afx5165808.html
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
















Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.














IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS:


MORE DETAILS:












A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.

























































