Title:SEPC - Iain Lo, Vice President New Business Development & Ventures - from YouTube

Duration: 4:17 minutes

Description:

Iain explains what the Shell Eastern Petrochemicals Complex represents for Asia and the world.

SEPC - Iain Lo, Vice President New Business Development & Ventures - from YouTube Transcript

[Text displays]

A lengthy and illegible disclaimer or information

[Background music plays]

Bright, energetic music

[Video footage]

A Shell tanker truck drives by.

Close-up of two men in protective gear

Split screen: four scenes of various Shell employees in protective gear at work in various fields. The screen splits further into 16 scenes of various Shell employees, and then splits further into 64 small scenes. The screen flashes and moves so that the scenes become indistinct.

[Music ends]

[Text displays]

Shell people

[Iain Lo]

Vice-President, New Business Development and Ventures, Shell Eastern Petroleum

[Iain Lo]

‘'Hello. My name is Iain Lo, and I’m the Ventures and New Business Development Vice-President for Shell Chemicals. And here we are in the heart of Singapore, and the reason we’re here is because we’re about to start a very special project for me. It’s the Shell Eastern Petrochemicals Complex. Singapore has very many advantages, and if you start looking at it from the market bag, this is in a very strategic location, China to the north, India to the west, we are sitting in Southeast Asia…’’

[Video footage]

Iain Lo addressing the camera. He stands at a railing on a riverbank, a cityscape visible on the far shore.

Camera pans down from blue sky to show the refinery. Smoke or vapour issues from some of the tall chimneys.

From an elevated position, the camera pans from right to left, taking in the vastness of the refinery against blue sea beyond.

[Iain Lo]

‘'…where demand for petrochemicals continues to grow above the rate of GDP growth, so that’s exciting. Secondly, we have Bukom here, a refinery that’s standalone. And, you know, the ability to integrate that with a cracker, give it that additional conversion capacity was another reason. Thirdly, the infrastructure in Singapore’s great, yes. The ability of… you know, great logistics, so you can move your products out to customer, you can get your feedstock in, industrial gas availability, so you don’t have to build everything yourself, you can just buy it in. Also, you know, there’s a big, established petrochemicals hub already here, so there’s a big customer base already here. And, you know, the advantages I describe are also advantages that our customers see, so they will be willing to come and locate in Singapore. And, of course, finally, the Singapore Government has been extremely helpful in providing us the support to be able to take this investment decision and build in Singapore. And one last thing, I think, the talent base in Singapore is something which maybe we don’t always constantly think about, but actually is very important for our business, the ability and access of good talent in this country makes it just very logical for us to build here. It’s giving us such a strong edge, and it excites our staff as well, yes. For us to always think about our competitors and the structural advantages that they have and we don’t have it, and for the first time I think we’re going to have that kind of ability to compete.’’

[Video footage]

Close-up of Iain Lo’s face as he addresses the camera.

From an elevated position, the camera pans slowly from left to right, showing the refinery in the foreground and a tiny island just metres from the island on which the refinery is located.

The camera pans down from a view of the top of a section of refinery against blue sky and clouds to a row of large tanks on the ground.

From an elevated position, looking through tall chimneys, a long, low tanker can be seen making slow progress just off the island’s shoreline.

Aerial view of a shoreline interspersed with inlets and piers. The shot moves closer to shore.

A closer aerial view of the same shoreline. It is crowded with warehouses and buildings. A narrow channel of water flows out from alongside the development.

A close-up of Iain Lo’s head and shoulders as he addresses the camera.

The camera draws out from a view of a massive cluster of pipes and tanks at the refinery.

Workers in protective gear at work on scaffolding at the plant.

The camera zooms in workers in protective gear working on external pipes at the refinery.

[Iain Lo]

‘'It’s not just energizing for me, it’s energizing for all our staff, that now we have the same kind of ability to compete on a level playing field with some of our bigger competitors. Because the growth is in Asia and we want to compete in markets where there is growth, where there is scale, so that we can continue to grow with it. Our customers are here, and our customers are growing here, so it makes sense for us to grow with them.’’

[Video footage]

Aerial view of the refinery, blue ocean in the background. The camera draws out to show a wider view of the refinery.

Aerial view of enormous tanks in the refinery, blue ocean and distant shoreline in the background. The camera draws out to show a wider view of the scene.

Aerial view of the refinery, tall chimneys in the foreground, blue ocean and distant shoreline in the background. Large ships can be seen anchored in the strait between the island and the distant shoreline. The camera draws out to show a wider view of the scene.

[Iain Lo]

‘'In other parts of the world, it may not be the same level of growth, but we have that advantage here and we must take advantage of that. As an engineer, it’s always, for me, extremely fulfilling to see something get built. I remember going out to site when I first came into the job in 2006; it was just a pile of sand, an extension of Bukom Island that’s been reclaimed by the Singapore Government. And today we get out there, that’s thousands and thousands of tonnes of steel in place, you know, ability to make 800,000 tonnes of ethylene a year – it’s just an amazing feeling to see that we have created a very complicated petrochemical complex which gives us a fantastic platform, really, to grow our business here, to meet the needs of our customers and also to nurture a strong talent pipeline for our business, not just in Asia, but globally. So, for me, the combination of all those three really makes me feel really proud.’'

[Video footage]

Close-up of Iain Lo’s face as he addresses the camera.

Iain Lo addressing the camera. He stands at a railing on a riverbank, a cityscape visible on the far shore.

Refinery workers in red overalls working on a platform amongst a maze of external pipes.

The camera pans from left to right, showing an aerial view of part of the refinery.

View from an elevated position, possibly an external platform or scaffolding, of tall smoking chimneys and huge, squat tanks on a stretch of island separated from the viewing location by a narrow inlet. The camera draws out to show a wider view of the scene.

Aerial view of another section of refinery. The camera draws out to show a wider view of the scene and blue sea appears in shot at the top of the screen.

View from an elevated position, possibly an external platform or scaffolding, as railings are visible. The camera pans from right to left, showing the island refinery below. One section of refinery is separated from the other by a narrow inlet, but is connected by a low, flat bridge. A distant shoreline can be seen across the ocean in the background.

Iain Lo addressing the camera. He stands at a railing on a riverbank, a cityscape visible on the far shore.

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