ERJ staff report (RD)
Leverkusen, Germany – Specialty chemicals group Lanxess AG has postponed breaking ground at its new butyl rubber plant in Singapore in from Jan 2009 to Autumn 2009, the company said 19 Dec. The company expects to commence operations at the plant in 2012.
Lanxess also announced that capacity expansions in Leverkusen and Antwerp will also be postponed, as will its planned move of headquarters from Leverkusen to Cologne.
â€œWe have decided to put off some investment projects given the…