6
SG Trust Mark

Energy & Chemicals

Powering the future of low-carbon innovation

Aerial view of a coastal industrial area with oil storage tanks, port facilities, ships, and power plant chimneys along the waterfront. Aerial view of a coastal industrial area with oil storage tanks, port facilities, ships, and power plant chimneys along the waterfront.

S$50B+

invested by global chemical giants in Singapore1.

22%

of Singapore’s total manufacturing output is from Energy & Chemicals2.

27,000+

skilled workers in the sector3.
 

Pioneering energy & chemicals innovation

Illuminated industrial plant at dusk, symbolizing Singapore as a global business hub.

Global business hub

Singapore is Asia’s leading chemicals hub, with strong trade linkages to key markets in the region and beyond. The energy and chemicals sector contributes 23 per cent of the nation’s total manufacturing output, positioning the country as a vital node in the global supply chain.

With over S$50 billion invested by global chemical giants such as Shell, ExxonMobil, and BASF, Singapore is a trusted partner for companies looking to expand their footprint in Asia.

Satellite view of Jurong Island, showcasing Singapore’s integrated industrial ecosystem.

Jurong Island ecosystem

Jurong Island, the cornerstone of Singapore’s Energy and Chemicals industry, is one of the world’s top integrated energy and chemicals parks and home to over 100 global companies. 

The island’s integrated nature provides a collaborative ecosystem for innovation and production. Companies can testbed and develop new products to serve growing demand for decarbonisation solutions, specialty chemicals, sustainable materials, circular feedstocks, and new energies.

Cargo ship loaded with colorful containers sailing over a digital world map, symbolizing global trade, logistics, and free trade agreements.

Free Trade Agreement advantage

Singapore's FTAs cover 88 per cent of global GDP, including key chemical markets like China, the US, and India. This network provides significant tariff advantages and smoother trade flows, reducing costs and complexity for exporters.

Global leaders like Arkema and ExxonMobil leverage Singapore specifically for this preferential access to Asia’s growth.

Investors consistently value this access, recognising it as a key pillar of Singapore’s business environment.

City skyline with digital globe and green energy icons, symbolizing net-zero commitment.

Net-zero commitment

Singapore is transforming Jurong Island into a sustainable energy and chemicals park that operates sustainably and manufactures sustainable products for the world.

With national targets to peak greenhouse gas emissions in 2028 and achieve net zero by 2050, Jurong Island will play a central role in this transition.

Initiatives like the Sustainable Jurong Island Plan aim to decarbonise the sector while maintaining its competitiveness. 

Green hydrogen pipeline system, representing sustainable industrial products.

Sustainable products

Singapore is targeting a fourfold increase in output of sustainable products by 2050, in response to rising global demand. 

Major industry players such as Arkema and Evonik have invested in manufacturing facilities to produce bio-based and sustainable products.

With the global industry seeing a major shift towards sustainability-related chemical products, projected to reach US$570 billion by 20284, Singapore is well positioned to capitalise on this growing trend.  

Solar panels and wind turbines on hills, symbolizing carbon capture and green hydrogen initiatives.

Carbon capture & green hydrogen

Singapore is at the forefront of next-gen energy solutions, including carbon capture, utilisation, and storage (CCUS) and green hydrogen.

In 2024, EDB signed a Memorandum of Understanding (MOU) with the S-Hub consortium (ExxonMobil and Shell) to study a first-of-its-kind cross-border Carbon Capture Storage (CCS) project, aiming to store at least 2.5 million tonnes of carbon dioxide a year by 2030. 

We are investing in pilot projects to develop low-carbon technologies. These efforts align with global trends and position Singapore as a leader in sustainable energy innovation. 

Solar panels with city skyline at sunset, symbolizing a rising R&D powerhouse in clean energy.

R&D powerhouse

Singapore has committed S$37 billion under the Research, Innovation, and Enterprise 2030 (RIE2030) plan to drive innovation and support Singapore’s economic and national priorities.

This funding supports cutting-edge research in areas like advanced materials, carbon capture, and renewable energy. 

Our strong R&D ecosystem has attracted global companies like Evonik and Neste to site their R&D functions here - focusing on areas like life sciences, decarbonisation, and renewable raw materials.

Engineer using tablet with digital interface in a factory, representing AI and advanced manufacturing.

AI & advanced manufacturing

We are leveraging cutting-edge digitalisation and AI to revolutionise production processes in our energy and chemicals sector. 

Companies are adopting smart manufacturing technologies to enhance efficiency and reduce environmental impact. 

In 2024, the government launched the Sectoral AI Centre of Excellence for Manufacturing, bringing together stakeholders from research, industry, and government to develop AI solutions that addresses challenges in the manufacturing sector.

Scientist working with microscope in modern lab, representing a strong talent pipeline.

Strong talent pipeline

We produce more than 1,200 chemistry and engineering graduates annually7, ensuring a steady pipeline of skilled talent for the energy and chemicals sector.

Programmes like the Industrial Postgraduate Programme (IPP) and partnerships with universities equip graduates with the skills needed for high-value roles. 

This strong talent base supports innovation and growth in our industry. 

Opportunities your business can capitalise on

Scientists testing water samples in a field, representing bio-based and sustainable chemicals. Scientists testing water samples in a field, representing bio-based and sustainable chemicals.

Bio-based & sustainable chemicals

The global sustainability-related chemicals market is projected to reach US$570 billion by 2028, growing at 11 per cent CAGR (compounded annual growth rate)6.

Read more
Researchers handling samples in a lab, representing specialty chemicals and high-performance materials. Researchers handling samples in a lab, representing specialty chemicals and high-performance materials.

Specialty chemicals & high-performance materials

With a 7.8 per cent CAGR, the specialty polymers market alone is expected to exceed US$350 billion by 20335.

Read more
Aerial view of a biofuel production facility, representing sustainable aviation fuel (SAF) and biofuels. Aerial view of a biofuel production facility, representing sustainable aviation fuel (SAF) and biofuels.

Sustainable aviation fuel (SAF) & biofuels

Biofuels are a sustainable alternative to fossil fuels, with the global biofuels market size estimated to be approximately US$110 billion in 2025.

It is projected to grow at over 10 per cent CAGR, to be worth around US$326 billion by 20346.

Read more

Get assistance with a range of programmes

Resource Efficiency Grant for Emissions

The Resource Efficiency Grant for Emissions encourages manufacturing companies and data centres to invest in projects that improve energy efficiency, reduce non-CO2 Greenhouse Gases (“GHG”) consumption or other forms of eligible emissions reduction.

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Discover programmes to transform your business

Explore additional programmes designed to enhance the capabilities or broaden the scope of operations for businesses in Singapore.

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Explore useful resources to get you started

<h5><b>Insights into Singapore's Energy and Chemicals industry</b></h5>
Insights into Singapore's Energy and Chemicals industry
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