By George Gill
Afton Chemical has entered a long-term chemical processing
agreement with toll manufacturer Chemical Specialties (Singapore) Pte Ltd. to
improve its security of supply and provide shorter lead-times with products
specific to customers in the Asia Pacific region.
“The long-term agreement with Chemical Specialties
(Singapore) Pte Ltd. is for manufacturing, blending and storage of petroleum
additives,” spokeswoman Lauren Ereio told Lube Report. The site will produce
lubricant additives, she confirmed. “The site will utilize dedicated Afton
equipment, exclusively for Afton production.”
Chemical Specialties (Singapore) Pte Ltd. – which is a
10-acre toll manufacturing facility on Jurong Island, Singapore – yesterday stated
the move gives Afton a fast track course to manufacturing, blending and
providing service for customers from a location in the Asia Pacific market.
Afton President Warren Huang noted the company had sought
the right investment opportunity in the region for a number of years.
“Our new operations will be located at an established
facility, which will allow for fast initial start-up,” Huang continued. “The
initial capacity will represent a small increase to our overall global
production. The facility will be scalable, allowing Afton to add capacity as
the market grows.”
Early this year, Richmond, Va.-based Afton opened new
research and development facilities in Tsukuba, Japan, and Shanghai, China, to
develop more products, faster, for the Asia Pacific region.