News Post
Huntsman to expand Singapore polyetheramines
Huntsman Corp. will begin
construction on a 25,000-ton capacity
expansion program at its world-scale polyether
amine facility in Singapore in the first half of 2015, taking total capacity to 50,000 tons.
Huntsman is investing $100 million for this latest
expansion at its Jurong Island facility, which will also include backward
integration to produce polyethers from locally sourced
feedstocks. This
project is intended to help the company meet growing global demand for polyetheramines and to strengthen its leadership position in this
technology.
“We expect demand for our
amines products to increase across all regions over the next decade, particularly in Asia-Pacific – where volume is set to grow by at least 10% per year,” noted Huntsman CEO Peter R. Huntsman.
Polyetheramines are used as ingredients to improve the properties of many products, including paint, adhesives and composites. They can be found in everything from home decoration products, sports equipment, cars,
construction materials, washing powders and specialty plastics
“Combined with our other existing polyether
amine manufacturing
facilities in Conroe, Texas, and Llanelli, Wales, the
expansion at our Jurong site will help us respond more quickly to customer demand, not only in the rapidly growing Asia market, but also around the globe,” said Stu Monteith, president of Huntsman’s performance products business.
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