"The alliance with Solenis reinforces our commitment to delivering innovative solutions that enhance hygiene standards, operational efficiency, and sustainability."
"Services such as technical training, custom fabrication, risk management, reduction of fugitive emissions, and other on-site services are increasingly in demand."
MANAGING DIRECTOR AND CEO, MITSUI CHEMICALS ASIA PACIFIC (MCAP)
"We will shift from the concept of producing and selling goods to being an independent design business that creates new solutions which are not confined to tangible goods."
VICE PRESIDENT AND HEAD, CHEMICALS & MATERIALS, SINGAPORE ECONOMIC DEVELOPMENT BOARD (EDB)
"With strong foundations in infrastructure, talent, and innovation capabilities in Singapore, we continue to welcome investments in the chemicals space and break new ground in the industry."
"Our business has experienced significant growth in the past 12 months, largely driven by the biofuel sector and related feedstock movements, which now constitute 50-60% of our portfolio."
MANAGING DIRECTOR, BASF SOUTH EAST ASIA AND BASF (MALAYSIA)
"The new site demonstrates the strengthening of our commitment to Singapore, where we now have four production facilities, in line with the Singaporean government’s stance on promoting specialty chemicals."
"Currently, we have manufacturing facilities in Singapore and India, and we plan to invest in Thailand via a contract manufacturing partner to localize our production footprint. This project should be concretized by the end of this year."
In August 2023, Mexican exports to the US surpassed China for the first time. As companies prioritize securing supply their chains after years of logistics challenges, Mexico has begun to see major benefits. With a spate of new infrastructure projects such as the Interoceanic Corridor of the Isthmus of Tehuantepec coming online in 2023, the country is actively opening itself to investment. The chemical industry, in particular, is positioned for nearshoring-driven growth.