1、SINGAPORE CHEMICALS 2026SINGAPORECHEMICALS2026Jurong Island-Petrochemicals-Refining-SAFSpecialty Chemicals-Distribution-Supply Chain-AIGBR SERIES3 WELCOME LETTERSINGAPORE CHEMICALS 2026Alfonso TejerinaDirector and General ManagerGLOBAL BUSINESS REPORTSAccording to historian Adam Tooze,we are in the
2、age of polycrisis,an era of simulta-neous economic,political and climate crises that interact with and feed off each other.2025s political and economic turmoil and conflicts across the planet are hallmarks of our unstable era.In 2026,global energy markets imploded,with severe implications for Southe
3、ast Asia and the global chemicals sector.Fuel shortages,price spikes and geopolitical tensions have left the region scrambling for cover.Planning for all eventu-alities has never been more important than today.Amidst this sea of crises,Singapore stands apart;policy predictability,economic growth and
4、 future ready planning make the city-state a pillar of stability in a relatively stable region,in a very unstable world.Singapore celebrated its 60th anniversary as an independent country in 2025.The Lion City also celebrated the 25th anniversary of Ju-rong Island,one of the worlds top integrated en
5、ergy and chemicals complexes,and a testament to the enduring legacy of the worlds premier industrial planning superpower.The global chemical industry,meanwhile,is facing its own particular crisis:oversup-ply,trade frictions and softening economic growth are leading to depressed demand for household
6、and industrial consumption.As a result,Singapores government in-tends that the chemical industry change direction,promoting sustainable,bio-based and specialty chemicals more than before.Singapore is eager to attract more specialty chemicals companies to the country and cement its position as an R&D