Singapore Gains Another Cleantech Company

• Published date: 01 April 2024
• Subject Matter: Corporate/Commercial Law, Environment, Corporate and Company Law, Environmental Law
• Law Firm: Marks & Clerk
• Author: Mr Giles Pinnington

Singapore has attracted another innovative European cleantech giant, thereby adding to the ever-growing list of cleantech companies which have found a home in the equatorial city-state.

Sulzer, the Swiss engineering giant focused on cleantech solutions, has announced the opening of a new Innovation Technology Hub in Singapore's Jurong Innovation District. The hub is intended to test and deliver clean process technologies to enable sustainable manufacturing in the region, and is said to cover a broad range of technologies including carbon capture, battery and plastic recycling, and production of bio-based chemicals.

It is great to see another company tapping into the highly skilled workforce in Singapore and surrounding countries with a view to enabling a low carbon society. This also further reinforces Singapore's very strong position in the global cleantech industry, where it is punching above its weight in attracting companies like...