Lanxess build world’s largest Nd-PBR plant in Singapore

Lanxess to build world’s largest Nd-PBR plant in Singapore

3:34 PM, 10th June 2011
Lanxess to build world’s largest Nd-PBR plant in Singapore
Axel C Heitmann, CEO, Lanxess.

·      The company will invest € 200 million

·      New 140,000 metric ton per year plant

·      Construction of butyl rubber plant on track

·      Strong demand for ‘green tires’

 

SINGAPORE/LEVERKUSEN, GERMANY: Lanxess has selected Singapore as the site for its new neodymium polybutadiene rubber (Nd-PBR) plant. The German company plans to invest roughly € 200 million in a 140,000 metric ton per annum facility on Jurong Island Chemical Park. The facility will be the largest of its kind in the world and is expected to start up in the first half of 2015.

 

A corresponding memorandum of understanding (MoU) will be signed on June 2, 2011, between Axel C Heitmann, CEO, Lanxess and Leo Yip, Chairman, Singapore Economic Development Board (EDB).

 

“It is only one year since we broke ground for our butyl plant in Singapore. Now we are ready to move forward with the second largest investment project in our history. The dynamic Asia region is a key cornerstone of our mid-term growth strategy,” said Heitmann.

 

Lanxess and Petrochemical Corporation of Singapore Pvt Limited (PCS) have signed a MoU on the long-term supply of butadiene and raffinate II from Lanxess to PCS. Butadiene is the raw material Lanxess needs to produce Nd-PBR and raffinate II will be a product stream from Lanxess’ future butyl rubber plant in Singapore.

 

Lanxess’ new Nd-PBR plant will be located on Jurong Island next to the company’s € 400 million butyl rubber plant, which is currently under construction and will come on stream in the first quarter of 2013. Construction of the butyl rubber plant is progressing according to schedule. The new plant will also meet the strong demand for ‘green tires.’

© WOC News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Merck to acquire Biotest’s microbiology business

The acquisition allows the Merck Millipore division to complete its product portfolio in the attractive growth segment industrial microbiology fo ...

Read more
Mitsubishi Chemical reports huge rise in profits

  TOKYO, JAPAN: Mitsubishi Chemical posted over a six-fold increase in net profits for the fiscal year ended March 31, 2011, compared with the p ...

Read more
Total gets strategic breakthrough in Uganda, East Africa

PARIS, FRANCE: Total announced the acquisition of a one-third interest in Blocks 1, 2 and 3A in Uganda held by a subsidiary of Tullow Oil plc, for $ ...

Read more
AkzoNobel to sell ICI Pakistan, will retain paint business

·      AkzoNobel to seek agreement to split ICI Pakistan into two listed entities: AkzoNobel Pakistan Limited (compris ...

Read more
Evonik extends collaboration with Unilever

ESSEN, GERMANY: For 25 years now, Lipton—a Unilever subsidiary and the world's premier tea supplier—has been relying on the special expert ...

Read more
US court rejects GE challenge to EPA cleanup orders

WASHINGTON, US: The US Supreme Court on Monday rejected General Electric Co’s legal challenge to part of a federal law that gives the Environm ...

Read more