“In addition, the Jurong Island ecosystem, with all existing infrastructure and facilities, as well as the Singapore Economic Development Board and other government agencies, has given us confidence in our resolve to invest in Singapore,” Kolluri said.
Cariflex markets its water-based artificial polymer latex under the brand name Cariflex IR Latex. In its condom and glove programs, it’s a suitable choice for herbal rubber latex, the company said.
“It will also maintain Cariflex’s position as a leading supplier of polyisoprene latex with unprecedented quality and diversity of sources,” said Jong-Hyun Kim, CEO of DL Chemical Co. , Ltd. , Cariflex’s parent company.
Singapore-based Cariflex also manufactures isoprene rubber, which the company sells to consumers in the medical and footwear sectors.
“The Singapore plant is expected to develop our global polyisoprene latex production capacity by more than 50 percent,” Kolluri said. “This allocation preserves and maintains our leading position in the polyisoprene latex market in terms of combined capacity, number of locations and production. lines to supply class-consistent product quality. “
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