The Company was incorporated as a private limited company on 16 March 1962 and commenced commercial operations in July 1966. It acquired public status on 24 April 1973. In 1998, it relocated its chemical plant from Jalan Buroh to the newly developed Jurong Island. At around the same time, it also built its new logistics base at Jalan Samulun.The principal activities of the Company are the manufacture and sale of chemicals.