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Arkema to Invest $20M to Build New Rilsan Clear Unit in Singapore
ZACKSยท 2025-07-10 14:35
Core Insights - Arkema S.A. is investing $20 million in a new Rilsan Clear transparent polyamide unit in Singapore, which will boost its Rilsan polyamide 11 capacity by 50% and aims to triple its global production capacity of Rilsan Clear transparent polyamides by 2026 [1][7] Group 1: Investment and Capacity Expansion - The new Rilsan Clear unit in Singapore is expected to be operational in the first quarter of 2026 [1] - This investment is part of Arkema's strategy to meet the rising global demand for sustainable high-performance transparent materials [2][7] Group 2: Market Demand and Applications - Arkema is focusing on the increasing demand for sustainable materials used in various applications, including eyewear, consumer electronics, healthcare devices, and home appliances [2] - The company produces bio-based transparent polyamides, with flagship grades Rilsan Clear Rnew G850 and G820 containing 45% and 62% bio-based carbon, respectively [2] Group 3: Supply Chain and Strategic Growth - The project aims to develop supply lines with shorter lead times to cater to growing demand in Asia and beyond [3] - The strategic platform in Singapore is expected to enhance Arkema's material science expertise and support its global growth [3]