Sumitomo opens synthetic rubber plant in Singapore
ERJ staff report (BC)
Singapore – Japanese-based Sumitomo Chemical has opened its first solution-styrene butadiene rubber (S-SBR) plant in Asia outside Japan, reported Channel NewsAsia. The plant will make Singapore's Jurong Island one of the world's largest manufacturing sites for synthetic rubber.
Sumitomo is seeking to tap growing demand from major tire manufacturers worldwide.
The plant, which will serve customers in Asia, Europe and North America, has an annual capacity of 40 000 tonnes.
At the opening ceremony on Friday, Singapore's Second Minister for Trade and Industry S Iswaran said that the government will continue to support the local energy and chemicals industry through infrastructure investments.
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Full story from Channel NewsAsia