Singapore Gains Another Cleantech Company – Corporate and Company Law

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 Sulzer to its verdant shores.

By attracting innovative companies and supporting innovation, it
is possible to build an innovation ecosystem which has a very high
potential for growth as the expertise and experience is
concentrated in one area, such as in Silicon Valley.
Singapore’s very strong banking industry is also an asset to
companies looking to innovate and deploy solutions at scale, so it
is an ideal place for cleantech to grow.

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