Lubrizol expands Singapore R&D hub to boost innovation in specialty chemicals sector
The new lab space aims to help industry customers improve speed to market amid growing Asian demand
Specialty chemicals firm Lubrizol has bolstered its research footprint in Singapore to accelerate innovation for the region's growing market. The company opened new lab facilities at its Southeast Asia Innovation Centre in Jurong, designed to deepen collaboration with clients and expedite product development. These facilities will focus on hyperdispersants, consumer-care and bio-based polymers, catering to industries like energy storage, electronics, coatings, packaging, life sciences and healthcare.
Economic Development Board executive vice-president Lim Wey-Len highlighted the rising demand for consumer and industrial products in Asia, driven by a burgeoning middle class and increasing incomes. Lubrizol's expansion aligns with Singapore's appeal as a platform for specialty chemical companies to enhance customer access and capitalize on Asia's opportunities.
The company's expansion joins other firms, such as Corteva, tesa and Kuraray, that have bolstered their R&D capabilities in the city-state. With a commitment to nurturing future talent, Lubrizol is also launching its global Learning Labs education initiative in Singapore, partnering with Nanyang Technological University and Access Singapore to provide students with hands-on learning and career exploration opportunities.
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