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Baker Hughes, a US-based energy technology company, is expanding its presence in Asia by opening a new oilfield services chemicals manufacturing facility in Singapore. The facility spans about 40,000 sqm and will manufacture, store, and distribute chemical solutions for upstream, midstream, downstream, and adjacent industries to support regional customers.
Singapore is becoming a chemical hub for the high-value downstream specialty chemicals sector. In 2021, the Government of Singapore released the “Green Plan 2030” to tackle climate change to build a sustainable future with net zero emissions. Many Chemical majors are targeting Singapore as a market to address the growing demand from their customers in Asia Pacific.
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