MOSCOW (MRC) -- Arlanxeo will cease
production operations at its 140,000 tonne/year neodymium butadiene rubber
(Nd-BR) plant at Jurong Island in Singapore by the end of 2020, said the
company in a statement sent to customers.
The move is part of the
company's response to "changes in the rubber industry" and will help optimise
resources and capabilities in its global Nd-BR production network. The
company's Buna Nd-BR products will continue to be part of ARLANXEO's product
offerings to markets globally, the company said.
As MRC informed earlier,
Arlanxeo Holding B.V. closed its Keltan EPDM plant in Orange in the second
quarter of 2020. Arlanxeo said it was closing the Orange facility as part
of a realignment of its Keltan production network to improve competitiveness and
harmonize technology platforms across the Keltan portfolio.
As per MRC,
Russia's output of chemical products rose in August
2020 by 5% year on year. At the same time, production of basic chemicals
increased year on year by 5.3% in the first eight months of 2020. According
to the Federal State Statistics Service of the Russian Federation, polymers in
primary form accounted for the greatest increase in the January-July output.
August production of benzene fell to 102,000 tonnes from 95,300 tonnes a month
earlier due to scheduled shutdowns for maintenance at several producers. Overall
output of this product reached 918,300 tonnes over the stated period, down by
0.9% year on year.
Nd-BR is used in high-performance tire walls and
threads as well as in the production of golf balls, running shoes and conveyor
belts. |