The Performance Products division of Huntsman Corporation HUN today announced that it is going ahead with the engineering design for a 40,000-ton capacity expansion program at its world-scale polyetheramine facility in Singapore.
Huntsman plans to invest more than $70 million at its Jurong Island plant in a move that will more than double the site's manufacturing capabilities, help satisfy increasing global demand for polyetheramines and strengthen the company's leadership position in this technology. In the last five years, Huntsman – the world's leading polyetheramine producer – has seen interest in its JEFFAMINE® amines accelerate dramatically.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in