Afton Chemical, a developer and manufacturer of petroleum additives, has planned a multi-year investment to construct a new chemical additive manufacturing plant in Jurong Island, Singapore. This initiative signifies the company’s commitment towards expansion in the Asia-Pacific market. Groundbreaking ceremony for the Jurong Island facility is scheduled in the 3Q of 2013 and the operation is expected to commence by mid-2015. The company selected the location after a thorough analysis, which focused mainly on facility readiness, safety, flexibility, economics, logistics and market access.
Dr. Warren Huang, President of Afton, stated that the investment is expected to be more than 100 million USD and with the establishment of the new plant in Jurong Island, the company will continue to deliver its solutions to the Asia-Pacific region. The strong combination of research and development and manufacturing in the Asia-Pacific region will increase security of supply and decrease lead-times, as well as help Afton to develop customized, cost-effective solution for customers in the region, added Dr. Huang.
The new facility will improve their ability to offer fast and effective service to their Asia-Pacific customers and also to customers in the Middle East and India, informed VP of Supply, Damian Barnes.
Afton also operates manufacturing facilities in Suzhou, China and Jurong Island, Singapore. The company has sales offices in Bangkok, Thailand; Sydney, Australia; Seoul, South Korea; Guangzhou, China; Beijing, China and Tokyo, Japan and technical centers in Suzhou, China and Tsukuba, Japan.
Source: http://www.aftonchemical.com/