The Point Lisas petrochemical and metal industry cluster

9th November 2011

Dr. Thackwray Driver, CEOEnergy Chamber of Trinidad and Tobago

Key point:

• The Point Lisas Industrial Estate represents a major a petrochemical and metal industry cluster - but further activity is needed to develop a dynamic energy and energy related industry cluster.

Why create a cluster?

Energy Cluster Development

Enhances Sustainability of gas-

based industry

Reduces Lead Time

Creates Sustainable

Employment

Increases Productivity

Improves Local Content

Facilitates Innovation

Stimulates New Business

Formation

Simplifies Business Processes

11 Ammonia Plants 7 Methanol Plants 1 AUM facility, comprising

• 1 ammonia plant• 1 urea plan• 1 nitric acid plant • 1 ammonia nitrate plant • 1 UAN plant • 2 melamine plants

1 Urea Plant1 NGL Facility 4 DRI Plants 1 Lube Oil Blending Plant 1 Bunker Fuel Service Facility 1 Desalination Plant1 Power Generation Plants

• Contributed c. US$3 billion in GDP (2011)

• Employs roughly 20,000 (inc. temporary jobs)

Point Lisas Industrial Estate

•Low Taxation

•Available Land

•Industry Research Linkages

Houston Ship Canal, Texas

(through-put: c. 5 million bpd)

•Excellent Physical Planning

•Strategy Implementation

Jurong Island, Singapore(through-put: c. 1.2 million bpd)

•Strong International Linkages

•Tax Exemptions

Iskandar, Malaysia(through-put: c. 560,000 bpd)

•Comprehensive Land-Use Plan

•Able to adapt Production to Market Trends

Antwerp, Belgium(through-put: c. 360,000 bpd)

Other major petrochemical clusters

Strengths

Point Lisas Petrochemical/Metal Industry Cluster

Anchor tenants (plants)

Utilities (gas, water, power)

Port facilities (container and bulk)

Contractors and suppliers

University (research and training)

Tech. Voc. training

Other services (banks, offices, restaurants)

Governmental/business development

Existing cluster collaboration

• Health safety and environment :– Safe to Work– PLEA Pass/Energy Chamber Learning Centre

• Technical and vocational training:– National Energy Skills Centre – Energy Industry Competency

Development Initiative – University of Trinidad & Tobago

• Research linkages with UTT:– Methanol to Power – Single cell protein

Where we could do more:

• Trinidad & Tobago financing into the sector (other than contractors overdrafts)

• Creation of trading floors to the T&T commodity products

• Integrated transport plan

• Better research – industry collaboration

• Better corporate facilities (including recreation)

• ICT plan designed specifically to support the cluster

• Science and office park (encourage upstream MNC head-offices)

• Ministry of Energy and Energy Affairs - do they need to be in Port of Spain?

Where do we go from here?Solar Technology park

Develop a comprehensive land-use plan - space for new plants, service companies, corporations and recreation.

Collaborate

Exploit waste streams

Thank-you

Contacts:

www.energy.tt Tel: 6-ENERGY

Trinidad & Tobago Energy Conference 6 – 8 February 2012