03 August 2012

 Evonik to pump in another 250m euros here

Germany’s Evonik Industries - which just broke ground yesterday on Jurong Island for its 500 million-plus euro (S$768 million-plus) animal feed nutrients plant - is going ahead to build another 250 million-plus euro Singapore plant. Behind this second plant for automotive plastics, may be a third specialty chemicals investment.

(The Business Times, 03 Aug 12)