Swiss firm opens S$45m facility on Jurong Island
Bertschi, one of Europe's largest logistics firms, eyes specialty chemical opportunities
Singapore
BERTSCHI, one of the largest chemical logistics companies in Europe, has opened a S$45 million facility on Jurong Island, with an eye on supporting the growing specialty chemicals sector in Singapore as it also embarks on a globalisation push towards Asia.
At the opening of the facility - its first in South-east Asia - on Friday, the Swiss family-owned firm also announced that it will invest another S$20 million in a state-of-the-art dangerous good warehouse in Singapore, to be completed in the second half of next year.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Anglo rejects BHP takeover bid as significantly undervalued
India rice prices at three-month low on shrinking demand
Gold prices set for weekly decline ahead of US inflation data
Pricey coffee is here to stay as hoarding, heat hit Vietnam supply