Evonik inaugurates oil additives plant in Singapore
The capacity of the plant has nearly doubled, making it the largest oil additives production site within Evonik's global production network
BS B2B Bureau B2B Connect | Singapore
“The expanding mobility in Asia, a stronger focus on resource efficiency and higher fuel economy, as well as tighter emission limits are spurring growth in demand for high-performance lubricants. With this additional capacity, we are addressing our customers’ growing demand for more, and more advanced lubricants," commented Dr Johannes Ohmer, member of the management board of the resource efficiency segment.
"Coupling the most advanced production technology with experienced technical services specialists allows us to offer our customers innovative solutions - solutions that boost efficiency in their applications and which help them to differentiate themselves in the marketplace," invoked Dr Ralf Dussel, head of the Evonik oil additives business line.
More From This Section
“For Evonik, the factors that weighed heavily in favour of expansion in Singapore included: excellent supply chain logistics; existing infrastructure; strong IP protection; and a skilled workforce; as well as local support from the Singapore Economic Development Board (EDB),” added the company in the press release.
Also Read
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: May 07 2015 | 5:18 PM IST