$807m chemical production complex officially launched in Jurong Island
It will produce 200 new jobs for skilled workers.
A new $807m (€500 million) methionine complex was officially launched today in Jurong Island after two years of construction.
The plant is the first world-scale methionine plant in Asia. It is owned by German chemical production firm Evonik, and is Evonik’s largest single investment to date.
The new methionine complex has an annual capacity of 150,000 metric tons. It will produce 200 new jobs for skilled workers.
The complex was officially opened today by Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam.