From Singapore to the World
JJ-Lurgi sets up holding company in Singapore to go global
JJ-Lurgi has announced the establishment of a new Singapore-based holding entity, marking a pivotal step in its ‘Go Global’ strategy.
The new entity will allow for streamlined processes of establishing foreign subsidiaries and associates supporting JJ-Lurgi’s global expansion footprint. Singapore’s comprehensive list of tax treaties provide financial stability and predictability for business operations while potential Singaporean grants and incentives could further bolster investment growth.
As a joint-venture between Jebsen & Jessen and Air Liquide Global E&C Solutions, JJ-Lurgi leverages combined expertise to bring innovative edible oil and oleochemical processing solutions to the global market. Aligned with its ‘Go Global’ strategy, JJ-Lurgi aims to consolidate and leverage synergies from its parent companies to drive efficiency and cost-effectiveness.
Establishing the new holding entity in Singapore, which became operational in December 2023, has set the stage for expansion into key markets, including South Asia, Europe, and Latin America.