Lanxess breaks ground on Singapore Nd-PBR plant
ERJ staff report (LMH)
Leverkusen, Germany -- Lanxess has broken ground for its new neodymium-based performance butadiene rubber (Nd-PBR) plant in Singapore. The German speciality chemicals company is investing roughly Euro 200 million in a 140 000 tonnes-per-annum facility on Jurong Island, that Lanxess says will be the world's largest.
About 100 jobs will be created. The plant is expected to start up in the first half of 2015.
â€œWe are delighted to be bringing another major rubber investment to Singapore, which underlines our commitment to 'Green Mobility',â€ said Lanxess Chairman of the Board of Management, Axel Heitmann, at the 11 Sept groundbreaking event on Jurong Island.
The German Ambassador to Singapore, Angelika Viets, and the Chairman of the Singaporean Economic Development Board, Leo Yip, were also in attendance.
The Petrochemical Corporation of Singapore (Private) Limited will supply the majority of the key raw material butadiene needed to produce Nd-PBR, while Singapore's TP Utilities Pte. Ltd. (a wholly-owned unit of Tuas Power Ltd.) will provide steam to the new plant. Foster Wheeler Asia Pacific Pte. Ltd has been selected to carry out the detailed engineering and construction of the plant.
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News release from Lanxess