The Woodlands, Texas – Huntsman announced it will begin construction on a 25kT/year capacity expansion at its polyetheramine facility in Singapore in the first half of 2015, taking total capacity to 50kT/year.
Huntsman is investing $100m (EUR88.2m) in the Jurong Island facility, which will also include backward integration to produce polyethers from locally sourced feedstocks.
Huntsman president and ceo Peter Huntsman said: “We expect demand for our amines products to increase across all regions over the next decade, particularly in Asia-Pacific – where volume is set to grow by at least 10% per year.”
Stu Monteith, president of Huntsman’s performance products division, added: “Combined with our other existing polyetheramine manufacturing facilities in Conroe, Texas, and Llanelli, Wales, the expansion at our Jurong site will help us respond more quickly to customer demand, not only in the rapidly growing Asia market, but also around the globe.”
Polyetheramines are used in paint, adhesives and composites as well as polyurea.
Construction of the new facilities is expected to be completed in the second half of 2016.