On 10 July 2015, Belgian specialty chemicals company Solvay opened a S$50 million alkoxylation plant on Jurong Island, which is its third and largest in Asia. The plant will complement existing facilities in India and China.
Solvay opens S$50m specialty chemicals plant in Singapore
The plant produces special alkoxylate surfactants, which give liquids certain characteristics such as cleansing or emulsifying properties. They are used in agrochemicals, coatings, and oil and gas, or for home and personal care product. The large scale plant receives ethylene oxide, a key raw material, via a dedicated pipeline from Shell and can produce up to 50,000 tonnes of surfactants a year.
Second Minister for Trade and Industry, Mr S Iswaran, who was guest-of-honour, said at the opening that the collaboration between Solvay and Shell is an example of how specialty chemical companies can leverage Singapore’s established petrochemical sector.
"Riding on these trends, Singapore is well placed to capture the strong growth opportunities in speciality chemicals," added Mr Iswaran, who is also Second Minister for Home Affairs
"This new plant in Singapore is contributing to the growth momentum that Novecare is bringing to the group,” said Mr Emmanuel Butstraen, president of Solvay Novecare. “(It has a) very strong location also, close to our customers, the major consumers located in Southeast Asia."
In addition, Solvay also announced the expansion of oil and gas research unit at its research and innovation centre in Biopolis.
- 10 July 2015