THE NEW YORK TIMES: Royal Dutch/Shell to Modify Facilities: “Oil giant Royal Dutch/Shell Group of Cos. will add ethylene cracker and petrochemical derivatives plants at its refining facilities in Singapore, it said Tuesday” (ShellNews.net) 14 Dec 04

By THE ASSOCIATED PRESS

Published: December 14, 2004

SINGAPORE (AP) -- Oil giant Royal Dutch/Shell Group of Cos. will add ethylene cracker and petrochemical derivatives plants at its refining facilities in Singapore, it said Tuesday.

In a statement, Shell said construction on the projects will begin in 2006 and it expects completion by 2009. Shell estimated that the projects would cost at least $1 billion.

Singapore is one of the world's largest oil trading and refining centers, and its port is used as a stopover for Middle East crude heading to north Asia.

http://www.nytimes.com/aponline/business/AP-Singapore-Royal-Dutch-Shell.html?oref=login