Peter R. Huntsman, President and CEO of Huntsman Corporation today announced the company plans to build a world scale polyetheramine manufacturing facility in Jurong Island, Singapore.
The company expects the facility, which will have an annual capacity of approximately 30 million pounds, to be operational in the first quarter of 2007.
Mr. Huntsman commented, “Our construction of this new facility is consistent with our corporate strategy of selectively investing in our differentiated businesses, and will help us to meet the rapidly growing demand for polyetheramines, especially in the critical Asia/Pacific region.
“We currently have polyetheramine production facilities in Conroe, Texas and Llanelli, Wales. Completion of the Singapore plant will increase our capacity by approximately 25% and give us a truly global platform for the manufacture and marketing of this specialty product.”
Key polyetheramines applications include epoxy coatings, concrete additives, organic pigments, fuel and lube additives, and herbicides and pesticides.