Arkema: Singapore chosen for global site
(CercleFinance.com) - Specialty chemicals group Arkema announces that it has chosen the Jurong Island site in Singapore to build its new world-scale plant dedicated to the manufacture of the amino 11 monomer and its flagship Rilsan polyamide 11 resins, aiming to increase its global capacities by 50%, as announced in July 2017.
"This location offers many advantages in terms of infrastructure, logistics, industrial integration and operational excellence, as well as optimization of the activity's carbon footprint," the chemical group said.
This project is part of the Group's exceptional investments totaling some 500 million euros that are mainly earmarked for the 2018- 2021 period. Construction is set to be completed by late 2021.
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"This location offers many advantages in terms of infrastructure, logistics, industrial integration and operational excellence, as well as optimization of the activity's carbon footprint," the chemical group said.
This project is part of the Group's exceptional investments totaling some 500 million euros that are mainly earmarked for the 2018- 2021 period. Construction is set to be completed by late 2021.
Copyright (c) 2019 CercleFinance.com. All rights reserved.