Nouryon Buys Singapore Alkoxylation Plant
Nouryon has bought an alkoxylation plant in Singapore. The company said the plant on Jurong Island will enhance its ability to serve growing regional demand in key end-markets, such as agriculture and food, home and personal care, natural resources, and paints and coatings.
Nouryon has purchased an alkoxylation plant in Singapore, boosting its manufacturing footprint in Southeast Asia. The purchase price was not disclosed, nor was the seller’s identity.
The company said the plant on Jurong Island will enhance its ability to serve growing regional customer demand in key end-markets, such as agriculture and food, home and personal care, natural resources, and paints and coatings.
“This acquisition of a specialty surfactant alkoxylation plant in Singapore will enhance our ability to serve fast-growing end-markets in Asia Pacific and adds to our existing alkoxylation network of manufacturing facilities in China, Sweden and the US,” said Larry Ryan, executive vice president and president, performance formulations and the Americas.
Ryan added that Nouryon will continue to look at strategic opportunities to expand its manufacturing footprint and product offering.
Author: Elaine Burridge, Freelance Journalist
