Prime Polymer's Singapore plant will double its group capacity
JV plant on Jurong Island making high-performance polyethylene is Prime's first outside Japan
Singapore
PRIME Polymer Co Ltd and Mitsui & Co Ltd have joined forces to launch a sealant material production plant on Jurong Island on Monday, in a move that looks set to boost the petrochemical industry in Singapore.
Established under their subsidiary Prime Evolue Singapore, the Singapore Evolue plant is Prime Polymer Group's first outside Japan. It began operations in August 2016 and currently has 68 employees.
TRENDING NOW
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Record Singapore-US rate gap may widen further on inflows and hawkish Fed outlook
Marco Polo Marine shares plans to unlock value as boutique fund manager becomes substantial shareholder