Aster Chemicals Energy Approves $80 Million Ethylene Expansion in Singapore
Aster Chemicals & Energy has announced a final investment decision for an $80 million expansion project at its Ethylene Cracker Complex on Bukom Island, Singapore. The project aims to double the facility's ethylene export capacity by 2027, reinforcing Singapore's role in the regional petrochemical supply network. Engineering and construction contracts have been awarded to Toyo Engineering and UTOC Engineering, focusing on detailed engineering, procurement, and construction for a new ethylene chiller system and expanded export logistics. This expansion is expected to strengthen the integration between Bukom and the Chandra Asri plant in Cilegon, enhancing the ethylene derivatives value chain.