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Chemical Maker Chevron Phillips Selling Singapore HDPE Plant To Aster Chemicals - Canadian Plastics

Summary by Canadian Plastics
Chevron Phillips Chemical Co. is selling its Singapore business unit, including a high-density polyethylene (HDPE) resin plant, to Aster Chemicals & Energy through its affiliate Chandra Asri, for an undisclosed price. The transaction centres on Chevron Phillips’s HDPE manufacturing facility on Jurong Island, Singapore, which boasts an annual production capacity of 400 KTA. All of the approximately 150 Chevron Phillips employees at the site are e…

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Canadian Plastics broke the news in on Monday, May 12, 2025.
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