Global specialty chemical company, Eastman Chemical Company, has completed its new Asia Pacific Technical Center (APTC) in Alexandra Technopark, Singapore.
The new centre will boast new technological capabilities in chemicals R&D and a revamped 24x7 laboratory aimed at halving its energy consumption.
The 16-year-old Asia Pacific Technical Center has been a benchmark centre for chemicals and materials research in the region
Dr. Gregory W. Nelson, senior vice president and chief technology officer of Eastman Chemical Company, said the new technology centre will deepen their commitment for melding science and sustainability in Singapore and the region.
"It also demonstrates Eastman's dedication to sustainability and echoes Singapore's sustainability blueprint for enhanced resource efficiency to help overcome resource limitation for growth," he said.
Eugene Leong, director for energy and chemicals of Singapore Economic Development Board, said the refurbished establishment will better serve Singapore and the region.
"Through its comprehensive presence in Singapore - from manufacturing to innovation and HQ activities - and by leveraging Singapore's innovation capabilities and proximity to the consumer, Eastman will be able to develop innovative and sustainable solutions in Asia for Asia," he said.
In line with its diversified portfolio strategy for sustainable growth, the chemical company has acquired Solutia for US$4.8 billion in mid 2012. In addition, it plans to increase local headcount in the coming years to expand the performance films and interlayers businesses in Asia Pacific.
Eastman has been awarded Energy Star Partner of the Year 2013 by the U.S. Environment Protection Agency for strategically managing and improving energy efficiency last year.
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