Solvay Novecare President Emmanuel Bustraen
Solvay hosted the official opening of its largest alkoxylation plant in Asia which the company has invested close to S$50 million. This investment is part of its global strategy to propel its chemicals business growth in Asia.
The plant produces specialty alkoxylate formulations for the agrochemicals, coatings, home & personal care, industrial and oil & gas markets in Asia. Located in Singapore’s Jurong Island, it complements two other existing alkoxylation plants in China and India.
In addition, the company has also expanded its oil & gas research lab in its Research & Innovation Centre located at its Biopolis facility in Singapore.
Guest-of-Honour Mr S. Iswaran, Singapore’s Second Minister for Home Affairs and Trade & Industry graced the occasion today.