Petrochemical Corporation of Singapore (Private) Limited started as a joint venture between the Government of Singapore, The Development Bank of Singapore Limited and the Japan-Singapore Petrochemicals Company Limited (JSPC). The two present shareholders are (1) JSPC (50%) and (2) QPI and Shell Petrochemicals (Singapore) Pte. Ltd. (50%).
As the centre company of the Singapore Petrochemical Complex, PCS’ main role is to supply high quality ethylene, propylene, acetylene, butadiene, 1-butene, MTBE and benzene. It also supplies utilities such as water, steam and compressed air to pipeline-customers that in turn produce high quality petrochemical products for their customers. In addition, PCS produces toluene and xylene, which are exported to the Southeast Asia region and beyond for further processing.
PCS also provides common facilities and services such as berths, security and fire fighting services to ensure the efficient and safe operation of the Complex. In short, it coordinates the supporting activities necessary for the efficient operation of the entire Complex.