Lanxess breaks ground world’s largest Nd-PBR plant in Singapore

Lanxess breaks ground for world’s largest Nd-PBR plant in Singapore

7:56 AM, 11th September 2012
Lanxess breaks ground for world’s largest Nd-PBR plant in Singapore
Axel C Heitmann, Chairman, Lanxess.

SINGAPORE/LEVERKUSEN, GERMANY: Lanxess has broken ground for its new neodymium-based performance butadiene rubber (Nd-PBR) plant in Singapore. The company is investing roughly €200 million in a 140,000 metric tonne per annum facility on Jurong Island. The facility will be the largest of its kind globally and will serve the growing market for “Green Tires,” especially in Asia. About 100 jobs will be created. The plant is expected to start up in the first half of 2015.

“This major rubber investment in Singapore underlines our commitment to ‘Green Mobility.’ It is our company’s focus on technology that makes it possible to reduce rolling resistance in tires and thus fuel consumption. This is good news for the consumer and the environment,” said Axel C Heitmann, Chairman, Lanxess, at the groundbreaking event.

‘Green Tires,’ is the fastest growing sector in the tire industry, with an annual global growth rate of 10 per cent. Presently, growth is more in Asia at 13 per cent per year. Demand will further be accelerated by tire labeling being introduced around the world. November 2012 will see launch of mandatory tire labeling in the European Union (EU). Tires will be graded from A to G according to their fuel efficiency and wet grip.

Lanxess’ new Nd-PBR plant will be located on Jurong Island next to the company’s butyl rubber plant, expected to start up in the first quarter of 2013. The Petrochemical Corporation of Singapore (Private) Ltd will supply majority of the key raw material butadiene, while TP Utilities Pte Ltd will provide steam. Foster Wheeler Asia Pacific Pte Ltd has been selected to carry out the detailed engineering and construction of the plant.

© WOC News



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