乐天堂fun88(中国区)官方网站 Launches New World Scale JEFFAMINE庐 Polyetheramine Plant to Serve Asia Pacific
THE WOODLANDS, TX 鈥� 乐天堂fun88(中国区)官方网站 Corporation (NYSE: HUN) today formally opened its new world-scale JEFFAMINE庐 polyetheramine manufacturing facility at Jurong Island, Singapore. The plant, which was commissioned and began production in June, is the Company鈥檚 first production site in Singapore and will produce 16,000 tons of polyetheramines per year.
鈥淔rom our vantage point as a leading polyetheramine producer for the U.S. and European markets for several decades, we were well-positioned to anticipate the growth potential for the product in the Asia Pacific region, especially in epoxy curatives and polyurea coatings,鈥� said Peter 乐天堂fun88(中国区)官方网站, President and CEO of 乐天堂fun88(中国区)官方网站 Corporation. 鈥淭his new $40 million facility will be a key platform for us as we continue to support our customers鈥� global growth.鈥�
Key JEFFAMINE庐 polyetheramine applications include epoxy coatings, concrete additives, organic pigments, fuel and lubricant additives, herbicides and pesticides. The new plant includes 乐天堂fun88(中国区)官方网站鈥檚 latest proprietary amine technology to ensure safety and environmental performance.
Singapore was selected as the regional hub for 乐天堂fun88(中国区)官方网站鈥檚 Performance Products division due to its favorable business environment, which offers strong intellectual property protection, a highly skilled workforce, excellent connectivity and a world class infrastructure.
鈥淭he Singapore plant, which complements 乐天堂fun88(中国区)官方网站鈥檚 existing polyetheramine manufacturing facilities in Conroe, Texas, and Llanelli, Wales, gives us a truly global manufacturing footprint for polyetheramines, and provides a regional source for our customers with operations in the rapidly growing Asia Pacific market,鈥� stated Don Stanutz, President of the Performance Products Division.
About 乐天堂fun88(中国区)官方网站:
乐天堂fun88(中国区)官方网站 is a global manufacturer and marketer of differentiated chemicals.听 Its operating companies manufacture products for a variety of global industries, including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging.听 Originally known for pioneering innovations in packaging and, later, for rapid and integrated growth in petrochemicals, 乐天堂fun88(中国区)官方网站 today has 13,000 employees and operates from multiple locations worldwide.听 The Company had 2006 revenues of over $13 billion.听 For more information about 乐天堂fun88(中国区)官方网站, please visit the company鈥檚 website at .
Forward Looking Statements:
Statements in this release that are not historical are forward-looking statements. These statements are based on management鈥檚 current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company鈥檚 operations, markets, products, services, prices and other factors as discussed in the 乐天堂fun88(中国区)官方网站 companies鈥� filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors.听 In addition, the completion of any transactions described in this release is subject to a number of uncertainties and closing will be subject to approvals and other customary conditions. Accordingly, there can be no assurance that such transactions will be completed or that the company鈥檚 expectations will be realized. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.
听