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Citing rising global demand from tire makers, Lanxess says it will invest about $25 million to raise butyl and halobutyl rubber capacity at its site in Zwijndrecht, Belgium. The 14,000-metric-ton-per-year expansion will bring capacity at the site to 149,000 metric tons when it is completed in the second quarter of 2012. The firm recently broke ground on a 100,000-metric-ton butyl rubber plant in Singapore.
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