On 18 May 2016, US chemical firm Afton Chemical Corporation opened a US$100m (S$137m) lubricant additive manufacturing plant on Jurong Island, which is Afton’s first greenfield manufacturing investment in 35 years. The new facility will produce key components used in Afton’s engine oil additives to meet rising regional and global demand.
Afton Chemical opens US100m lubricant additive plant on Jurong Island
The plant will be Afton’s hub for the Asia-Pacific region, and is central to the company’s ‘made in Asia for Asia’ strategy, which is aimed at ensuring Afton provides its customers with real-time solutions conceived and built in the region, improving lead time and service capabilities for companies in Asia.
“What we want to do is to create very unique solutions for those companies that are trying to change the landscape of the lubricant market,” said Mr Rob Sharma, President, Afton Chemical Corporation.
With Afton’s investment, Singapore is now home to three of the world’s top four lubricant-additive companies.
- 18 May 2016