29 September 2015
29 September 2015
Michelman has invested in additional production equipment at its Singapore manufacturing facility that increases capacity by 40%.
The investment is said to complement and support acquisition activity and organic growth by Michelman in Asia, and will allow the company to better serve its expanding customer base, particularly in China and India.
With its recent acquisition of long-time sales partner Supack in Mumbai, India, the grand opening of Michelman India, and a growing sales and support staff and laboratory facility at its Shanghai, China location; Michelman says it has continued to aggressively enhance its ability to serve customers in Asia.
According to Steven Wong, Michelman's VP/Managing Director, Asia-Pacific, "With a decade of robust growth in Asia, this investment was needed to allow us to continue developing and delivering advanced materials that meet the needs of our customers. With our increased capacity here in Singapore, coupled with manufacturing facilities in the US, Germany and Belgium, and joint venture manufacturing in Japan, we can satisfy demand faster than ever, across the entire Asia-Pacific region."
RTP Company has announced its expansion into Poland with an 86,000 sq.ft. (7,990 m2) facility located at Prologis Park V in Wroclaw.
METYX has concluded discussions with the Hungarian Investment Promotion Agency (HIPA) and secured a 50% matched government-funded incentive package to support a multi-million Euro investment project to expand METYX Hungary.
Diab has signed an agreement for the supply of hot water and heat with energy company Adven. By switching to biofuel, Diab's production facility in Laholm, Sweden, will be 100% fossil free by 2019.