With this ambitious project announced in 2017, Arkema is delivering on its strong commitment to Specialty Materials and the bio-based polyamide 11 chain. The total investment in the region, which also includes downstream polymer capacities in China, is approximately 450 million Euro. To finance this new plant in Singapore, Arkema successfully placed its first ever green bond in October 2020, for a total amount of 300 million Euro.
“We are excited to maintain the momentum and speed of construction”, said Erwoan Pezron, Senior Vice-President, High Performance Polymers. “After facing early challenges due to the global pandemic, we are operating at full strength and are now entering the peak construction phase with an estimated 2,000 workers on site during the summer months. The enthusiasm of our team in Singapore is stronger than ever, supported by the vigorous demand from our customers for sustainable and cutting edge solutions.”
More information: www.arkema.com
Arkema, Colombes, France