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Lanxess restarts new rubber-facility project in Singapore

By Gerald Ondrey |

Lanxess  AG (Leverkusen, Germany; www.lanxess.com) has brought forward its plans to build a new butyl rubber facility in Singapore. The company will hold a groundbreaking ceremony in May, 2010, and production is expected to start in the first quarter of 2013. The 100,000 ton/yr plant on Jurong Island will require an investment of up to €400 million ($575 million). The plant will help serve the rising demand for tires that is being driven by the trend towards greater mobility, in particular among the growing middle-class in countries such as China and India. In addition, the distinct properties of butyl rubber make it an important product of choice for the pharmaceutical industry, in particular in Asia.   “We are excited to be restarting this project, which will create the world’s most modern butyl rubber plant,” says Lanxess board of management chairman Axel C. Heitmann. “This investment — the largest in our five-year history — underlines our commitment to synthetic rubber, our customers and the future growth markets in Asia.”   In June 2009, Lanxess postponed the production start of the plant until 2014 due to the effects of the global economic crisis. This led to a period…
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