Catalyst plant in S'pore

Catalyst plant in S'pore

SINGAPORE (Reuter): CRI/Criterion Manufacturing Singapore (Pte) Ltd has said in a statement it has completed a new plant in Singapore to manufacture fresh catalyst and regenerate used catalyst for Asia-Pacific refiners.

The company is a joint venture of CRI International Inc and Criterion Catalyst Company LP of the United States.

Managing director of the joint venture, Dave Wood, said in the statement the new plant would play an important role in meeting the region's rapidly growing need for fresh catalyst and regeneration services.

R.F. Schimbor, President of CRI International, said the plant was the first step in CRI's strategic plan to supply products and services to the Asia-Pacific region. "We fully expect to become a major supplier in this region...," he commented.

Total current investment in the plant exceeds Singapore $25 million (US$17.67 million).