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.