Arkema Launches New Transparent Polyamide Plant in Singapore, Tripling Production Capacity
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Businesswire
- Capacity Expansion: Arkema's new Rilsan®Clear transparent polyamide production unit in Singapore is now operational, making it the largest in Asia and tripling global production capacity, which is expected to significantly enhance its market competitiveness.
- Strategic Investment: The approximately $20 million investment is part of Arkema's major growth projects in the specialty materials sector, aimed at supporting its strategic roadmap and meeting the increasing demand for sustainable high-performance materials.
- Market Demand Response: The new facility will cater to key markets such as eyewear, AR/VR, and smart consumer electronics, further solidifying Arkema's global leadership in specialty polyamides.
- Sustainability Commitment: Rilsan®Clear transparent polyamides offer lightweight, high transparency, and chemical resistance, while being fully recyclable through Arkema's Virtucycle® program, demonstrating the company's strong commitment to the transition towards sustainable materials.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
