Afton Chemical Announces Expansion in Asia-Pacific Market with New Manufacturing Facility on Jurong Island
“This represents an investment that is likely to be in excess of 100 million USD for Afton Chemical, and another strong commitment by our Board to this key market,” said Dr. Warren Huang, Afton President. “We have established a significant presence through acquisitions and investments, and with the new facility on Jurong Island, we will continue to bring our company’s ‘Passion for Solutions’ to the Asia-Pacific region,” he said.
Groundbreaking for the plant is scheduled for the third quarter, 2013, and it’s expected to be operational by mid-2015. The initial capacity will represent a modest increase in our overall global production. The plant will be scalable to allow Afton to grow as demand warrants.
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