17 May 2010
ERJ staff report (DS)
Singapore - Lanxess has broken ground for the construction of a new butyl rubber plant in Singapore. The much-delayed facility on Jurong Island is designed for a capacity of 100,000 metric tons per year and will require an investment of up to EUR 400 million (USD 575 million).
The unit is due to come onstream in the first quarter of 2013. The butyl rubber market is expected to see average growth rates of over three percent again in coming years. At present, the two Lanxess rubber plants in Zwijndrecht (Belgium) and Sarnia (Canada) are producing at high capacity.
The new rubber plant is being built on an area of 200,000 square meters. The property is leased from JTC Corporation, an authorized agent of the Singapore Ministry of Trade and Industry. The neighboring Shell refinery will ensure a long-term supply of isobutene, the main raw material for the production of synthetic rubber.
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Press release from source
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