Afton Chemical is continuing its drive into the Asian-Pacific market with the announcement of a new additive plant.
The Newmarket-owned chemical specialist is preparing the way for a new chemical additive facility on Singapore's Jurong Island, with a price tag likely to exceed $100m. The plant will be fully owned and operated by Afton and is further evidence of the company's Asian ambitions.
At the beginning of the year, the company opened a new R&D facility in China's Jiangsu region to add to its already impressive list of activities across Asia. The latest plant adds to the outsourced manufacturing operation already sited on Jurong Island and builds on Afton's "Passion for Solutions" strategy for the region.
As well as China and Singapore - where it has a regional headquarters - the company also has technical and sales offices in Japan, South Korea, Australia and Thailand. According to Afton's VP of Supply, Damian Barnes: “The new Jurong Island facility will enhance our ability to provide quick and effective service to our Asia-Pacific customers as well as those in India and the Middle East."