Solvay SA headquarters in Brussels, Belgium. (File photo)
SINGAPORE: Solvay SA said it has inaugurated its new large-scale alkoxylation plant in Singapore, the largest plant of its kind in Asia, as part of its global strategy to expand the growth of its specialty surfactants in the region. The nearly S$50 million “on-pipe” investment will help meet the growing demand, complementing existing India and Chinese facilities.
The plant opening coincides with Solvay’s announcement of expansion of the oil & gas research lab unit at its research and innovation centre in Singapore. The Singapore laboratory focuses on leading global innovation projects in the fields of coatings and home & personal care. It also serves as a regional hub in the development of new sustainable solutions in the agrochemical market. The new oil & gas lab unit confirms the strategic ambition of Solvay Novecare for this market in Asia.
“Reinforcing our presence in fast growing countries and proposing innovative solutions to our customers in our key strategic market segments in the region are the key principles driving Solvay Novecare today,” said Emmanuel Butstraen, president, Solvay Novecare.
The unit produces specialty alkoxylate formulations for the agrochemicals, coatings, home & personal care, industrial and oil & gas markets in Asia, especially for those in key South East Asia countries.
Located in the world-class integrated petrochemical hub of Jurong Island, the plant receives a key raw material, ethylene oxide via a dedicated pipeline, and fatty oleochemicals from nearby countries, providing a safe and sustainable source of supply for the near and long term.
“We will continue to build upon our existing strengths in logistics and infrastructure to bolster integration across the chemical value chain on Jurong Island to deliver greater value to companies,” said Cindy Koh, director, energy & chemicals, Singapore economic development board.
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