You are here

Evonik pumps over 500m euros into S'pore chemicals industry

German group's second methionine plant on Jurong Island will be its single biggest investment overseas

Noting that Evonik's second world-scale methionine plant was being built so soon after its first one here, DPM Tharman told Dr Engel in his speech: "I understand that such plants are typically built once every 7-8 years. I thank you for this confidence (in Singapore)."


GERMAN specialty chemicals company Evonik Industries is investing over 500 million euros (S$763 million) to build a second methionine plant in Singapore, less than two years after it opened its first one in the country.

The second plant - the group's single largest