"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."
“It is extraordinary that we can now transform green energy into products and supply this into the market, supporting our customers to also reduce their overall emissions.”
VICE PRESIDENT, CHEMICAL SPECIALTIES LIMITED (CSL)
"As companies look to decentralize manufacturing and seek in-region flexible, and just-in-time operations, our hardware configuration needs to adjust to meet these needs."
"We repurpose refinery bottoms, preventing them from being incinerated, thus preventing tonnes of emissions. This process, although overlooked in the past, is now capturing greater attention due to global government initiatives aimed at reducing GHG emissions."
"Our latest Business Sustainability Index shows that the average sustainability score in the Asia-Pacific region has increased for the fifth consecutive year."
EXECUTIVE DIRECTOR, ASSOCIATION OF PROCESS INDUSTRY (ASPRI)
"With the rebound of engineering activities to pre-pandemic levels, Singapore’s process industry is facing various manpower-related challenges, amidst escalating costs."
"We plan to continue growing strategically across all of Asia Pacific, organically by expanding our partnerships with key principals and customers, and through targeted acquisitions."
ASSISTANT CHIEF EXECUTIVE (INDUSTRY AND TRANSFORMATION), MARITIME AND PORT AUTHORITY OF SINGAPORE (MPA)
"The successful completion of the first methanol bunkering operation in July 2023 marks a significant milestone for Singapore’s development towards a multi-fuel future, and a testament to Singapore’s commitment to meet the future fuel needs of international shipping through safe and efficient bunkering operations."
"We have seen a huge increase in the demand for foreign workers in the country, driven by the language factor, Malaysia itself being a multi-cultural, multi-linguistic hub that attracts many foreign companies."
"While businesses faced challenges due to COVID-19-related reasons, our manufacturing business continued. We received good support from the local authorities, and our movement and supply of goods remained smooth. I would say that our Asian supply chains demonstrated greater resilience during this period."
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.