Accessibility Statement Skip Navigation
  • PRNewswire.com
  • Resources
  • +91 22-69790010
  • Client Login
  • Send a Release
PR Newswire: news distribution, targeting and monitoring
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please use Advanced Search to search all press releases.
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • Telephone

    • +91 22-69790010 from 9 AM - 5:30 PM IST

    • Contact
    • Contact

      +91 22-69790010
      from 9 AM - 5:30 PM IST

  • Request More Information
  • Journalists
  • Request More Information
  • Journalists
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • Request More Information
  • Journalists
  • Request More Information
  • Journalists

SI GROUP ANNOUNCES PLANS TO CLOSE MANUFACTURING SITE IN SINGAPORE
  • MEXICO - Spanish
  • Korea - 한국어
  • Japan - Japanese
  • USA - Français
  • USA - Deutsch
  • BRAZIL - Portuguese
  • USA - English
  • USA - español
  • APAC - Traditional Chinese

SI Group Corporate Logo.

News provided by

SI Group, Inc.

25 Sep, 2024, 17:30 IST

Share this article

Share toX

Share this article

Share toX

Company plans to cease manufacturing operations in second half of 2025 due to declining market conditions

THE WOODLANDS, Texas, Sept. 25, 2024 /PRNewswire/ -- SI Group, a leading global developer and manufacturer of performance additives, process solutions, pharmaceuticals and chemical intermediates, announced it plans to close its alkylphenol manufacturing facility located on Jurong Island in Singapore in the second half of 2025. SI Group will continue supplying alkylphenols from its market-leading global footprint with supply points in both Europe and the Americas.

SI Group opened its alkylphenol manufacturing plant on Jurong Island in 2006 to provide alkylphenols to Asia Pacific consumers and for production of SI Group antioxidant products. Yet, due to the substantial changes in the antioxidant value chain in the region in recent years, paired with high costs in Singapore, the company will cease production there next year. "SI Group's manufacturing facility in Singapore has been a valuable asset for our past growth and global presence," said Joey Gullion, SVP & Chief Commercial Officer at SI Group. "However, the current supply-demand balances in Asia and the cost to manufacture in the region, make this a necessary move to ensure the long-term sustainability of our global business."

As a global leader in performance additives, SI Group remains committed to being a value-added solutions provider to customers worldwide, including those in Asia Pacific. With alkylphenol manufacturing facilities in Europe and the Americas, SI Group will maintain its alkylphenol market leadership and uphold its customer and technical service support levels.

"We've shifted our strategy in Asia Pacific to better serve our customers' needs. The region is important to our business, and we believe this new approach will help us balance the market dynamics with our cost position," said David Bradley, President & CEO of SI Group. "Our recent partnership with Dingjide, along with the difficult but essential decision to close our Singapore site, underscores our commitment to serving our customers—we are now better equipped and excited to support our customers' growth, both now and in the future."

SI Group's Singapore manufacturing facility is expected to cease manufacturing operations in the second half of 2025. The company will provide support and assistance to all employees impacted by the plant closure.

About SI Group
SI Group is a global leader in the innovative technology of performance additives, process solutions, and chemical intermediates. SI Group's solutions enhance the quality and performance of industrial and consumer goods in the plastics, rubber & adhesives, fuels & lubricants, oilfield, and pharmaceutical industries. Headquartered in The Woodlands, Texas, USA, SI Group operates 19 manufacturing facilities across three continents, serving customers in 80 countries with the support of approximately 1,800 employees worldwide. In 2023, SI Group published its inaugural ESG report, showcasing its commitment to continuous improvement and sustainability. SI Group innovates and drives change to create value with a passion for safety, chemistry, and extraordinary results. Learn more at www.siigroup.com.

Media Contact:  
Joseph Grande  
ph: + 1.413.684.2463  
[email protected]

Logo - https://mma.prnewswire.com/media/95496/si_group__inc__logo.jpg

Modal title

Also from this source

SI GROUP BUILDS EMEA DISTRIBUTION NETWORK THROUGH NEW PARTNERSHIP WITH AZELIS

SI GROUP BUILDS EMEA DISTRIBUTION NETWORK THROUGH NEW PARTNERSHIP WITH AZELIS

SI Group, a leading global developer and manufacturer of performance additives, process solutions, pharmaceuticals, and chemical intermediates,...

SI GROUP TO SHOWCASE SUSTAINABLE ADDITIVE INNOVATIONS AT K 2025

SI GROUP TO SHOWCASE SUSTAINABLE ADDITIVE INNOVATIONS AT K 2025

SI Group, a leading global developer and manufacturer of performance additives, process solutions, pharmaceuticals, and chemical intermediates, will...

More Releases From This Source

Explore

Health Care & Hospitals

Health Care & Hospitals

Chemical

Chemical

Chemical

Chemical

Mining & Metals

Mining & Metals

News Releases in Similar Topics

Contact PR Newswire

  • +91 22-69790010

Global Sites

  • APAC
  • APAC - Traditional Chinese
  • Asia
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany

 

  • India
  • Indonesia
  • Israel
  • Italy
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland

 

  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • United States

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921
Global Sites
  • Asia
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Israel
  • Italy
  • Mexico
  • Middle East
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • United States
+91 (0) 22 6169 6000
from 9 AM - 5:30 PM IST
  • Terms of Use
  • Privacy Policy
  • GDPR
  • Information Security Policy
  • Site Map
  • Cookie Settings
Copyright © 2025 Cision US Inc.