According to the company, the new plant will be one of the world's largest polyisoprene (natural rubber) latex plants, with a site area of 61,000 square meters.
Being located in Asia gives the company an advantage in terms of product supply, and it is expected that it will be able to create synergies with its research facility in Malaysia.
Cariflex is implementing a more environmentally friendly production system at its Jurong Island factory.
The company introduced "Direct Connect," which reduces carbon dioxide (CO2) emissions by eliminating the need to transport and reprocess raw materials and directly connects manufacturing processes.
DL Chemical acquired Cariflex for 620 billion won (approximately 64.91 billion yen) in 2020. Cariflex is a company that produces synthetic rubber using the YEON catalyst.
DL Chemicals is a Japanese manufacturer of latex and rubber, and is the largest manufacturer of polyisoprene for surgical gloves. A DL Chemicals official said, "Singapore is close to our major clients' bases, and it is well-positioned for financial and material markets.
"It will be a major hub that will become the center of the flow of goods."
2025/05/19 09:35 KST
Copyrights(C) Edaily wowkorea.jp 101