Mitsui, Prime Polymer build metallocene polymer plant in Singapore

Mitsui, Prime Polymer to build metallocene polymer plant in Singapore

10:33 AM, 22nd May 2013
Mitsui, Prime Polymer to build metallocene polymer plant in Singapore


SINGAPORE: Prime Evolue Singapore Pte. Ltd (EVLS), a joint venture of Prime Polymer Co Ltd and Mitsui & Co held a groundbreaking ceremony for its new Evolue (metallocene polymer) production plant in Tembusu, Jurong Island, Republic of Singapore. The 300 kilotonne per year plant will bring PRM Group’s Evolue production capacity to 550 kilotonne per year, including its plant in Ichihara, Japan. The completion of construction is expected by December 2014 and the commercial operations are scheduled for second quarter of 2015.

With the establishment of a new company and construction of a new production facility in Singapore, PRM aims to solidify its position as the market leader in Asia, and target further expansion of its Evolue business. The project is expected to significantly contribute to growth of Singapore’s chemical industry.

“Singapore, with its well-established infrastructure and availability of critical feedstock, provides an excellent location for companies looking to meet their customers’ needs and create new business opportunities. We are pleased that Prime Polymer has chosen Singapore as its base to grow its Evolue business in Asia. When fully realised, Singapore will account for half of Prime Polymer’s global production capacity for Evolue. Prime Polymer’s confidence in Singapore reflects Jurong Island’s attractiveness to leading chemical companies looking to tap into Asia’s growth,” said Eugene Leong, Director, Energy and Chemicals, Singapore Economic Development Board.

© WOC News




Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Ineos, Tianjin Bohai to build acrylonitrile plant in Tianjin, China

TIANJIN, CHINA: Ineos Nitriles and Tianjin Bohai Chemical Industry Group Corporation have signed a non binding Heads of Terms, setting out their int ...

Read more
KBR bags FEED contract for LNG export facility in Canada

HOUSTON, US: KBR was awarded a contract by Pacific NorthWest LNG Ltd, a subsidiary of Malaysia’s state-owned oil company (Petronas) and Japan ...

Read more
Bayer opens innovation centre in Shanghai, China

SHANGHAI, CHINA: Bayer MaterialScience has inaugurated a regional innovation hub for Asia Pacific in Shanghai, China. More than 200 experts will devel ...

Read more
Foster Wheeler names Dave Lawson as President of Metals & Mining

ZUG, SWITZERLAND: Foster Wheeler AG’s Global Engineering and Construction Group has named Dave Lawson, as President and Global Leader of Metal ...

Read more
Ashland opens R&D laboratory in Texas, US

WILMINGTON, US: Ashland Specialty Ingredients, a commercial unit of Ashland Inc, announced the opening of a new research and development laboratory in ...

Read more
PolyOne to increase thermoplastic elastomers capacity in Brazil

SAO PAULO, BRAZIL: PolyOne GLS Thermoplastic Elastomers, a global leader in high-performance, custom-formulated thermoplastic elastomer (TPE) solution ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X