Cariflex inaugurates new $461m latex plant in Singapore

The plant supports growing demand in markets such as non-surgical medical gloves.

Cariflex Pte. Ltd. (Cariflex), a subsidiary of DL Chemical, has inaugurated its new $461m  (US$355m) polyisoprene latex plant at Jurong Island, Singapore.

Spanning 6.1 hectares, the plant supports growing demand in markets such as non-surgical medical gloves, adhesives, and laminates.

The plant is designed for modular expansion to accommodate future demand growth. When fully ramped up, it will double Cariflex's 2023 manufacturing capacity for polyisoprene latex.

“Singapore's thriving economy, along with a highly skilled workforce and strong intellectual property protection, made this the ideal choice for our investment,” Ryu Sang Woo, Chief Executive Officer at Cariflex, said.

The facility has created 80 new permanent roles, the majority filled by Singaporeans. 

($1=US$0.77)