ERJ staff report (BC)
Singapore – German speciality chemicals company Lanxess opened a €400m rubber plant in Singapore on 4 June, to meet rising demand in Asia led by China and India.
The plant, the company’s single largest investment, will produce 100,000 tonnes of butyl rubber per annum when it reaches full capacity in 2015.
Butyl rubber is used in the inner liners of car tires, pharmaceutical packaging and chewing gum.
Global butyl rubber demand, at 1.2m tonnes last year, could rise 5 percent annually by 2017, the company…