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Evonik Industries hikes oil additives capacity in Singapore

12:33 AM MDT | August 15, 2013 | Natasha Alperowicz

Evonik Industries said today that it intends to nearly double capacity of its oil additives plant at Jurong Island, Singapore. The project is expected to be completed by early 2015 and includes ongoing improvement and debottlenecking slated to be finalized in the first half of 2014. The plant, on completion, will become the largest of Evonik’s six oil additive production facilities. The project is in response to above-average growth in the oil additives market in Asia due to expanding mobility and increasing demand for high-performance lubricants with...

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