(ICIS) -- Lanxess is planning to build the
world’s largest neodymium polybutadiene rubber plant in Singapore, the German
specialty chemicals maker said on Wednesday. The 140 KTa plant will be built at
a cost of EUR 200m (USD 290m) on Jurong Island, next to Lanxess’ new 100
KTa butyl rubber plant, which is currently under construction and is
scheduled to come on stream in the first quarter of 2013, the firm said in a
statement.
Neodymium polybutadiene rubber is part of a tyre's compound and reduces
energy consumption more efficiently than many other tyre rubbers, according to
the statement.
Construction of the 100 KTa butyl rubber plant is progressing according
to schedule, it said. The new neodymium polybutadiene rubber plant is expected
to start up in the first half of 2015, the statement added.
Lanxess has signed an agreement with the Petrochemical Corporation
of Singapore (PCS) on the long-term supply of butadiene feedstock via pipeline.
Butadiene is the key raw material for the production of neodymium polybutadiene
rubber.
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