Issue Date: January 25, 2010
Lanxess Relaunches Asia Rubber Project
Lanxess will start construction this spring on a $575 million butyl rubber plant in Singapore that the company expects to come on-line in 2013. A nearby Shell refinery will provide the needed isobutene feedstock. Last year, the German firm had postponed opening the 100,000-metric-ton-per-year facility until 2014, but it now says demand for tires, the main market for butyl rubber, has bounced back. Recognizing that more than half of its rubber sales are . . .
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