DuPont To Open Singapore ASEAN Headquarters In 2016

(RTTNews) - Chemicals giant EI DuPont De Nemours & Co. (DD) or DuPont Co. Monday announced that it will establish a new innovation and business headquarters in Singapore. The 11,000-square-meter facility will open in 2016 and house nearly 200 scientists, engineers and business leaders.

The new DuPont Singapore ASEAN headquarters will focus on delivering new innovations tailored to meet the unique needs of the ASEAN marketplace.

DuPont's total workforce presence in Singapore will grow significantly with the establishment of this new ASEAN business and R&D headquarters. The facility is expected to expand to over 300 employees by 2020.

The company noted that ASEAN is an increasingly important economic region for DuPont that has delivered consistent growth for the company. DuPont is present in eight ASEAN countries and has operated in Singapore since 1973.