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Chemical Week Magazine :: Business & Finance :: Asia/Pacific

Lanxess Selects Singapore for Asian Nd-PBR Project

9:45 AM MDT | June 10, 2011 | —DEEPTI RAMESH

Lanxess says it has selected Singapore for a previously announced neodymium polybutadiene rubber (Nd-PBR) project in Asia. The company will invest €200 million ($292 million) to build a 140,000-m.t/year Nd-PBR plant at the Jurong Island Chemical Park. Lanxess announced last year that it had launched a feasibility study for an Nd-PBR project in Asia. Singapore was selected due to the availability of raw materials, Lanxess says. The facility, which will be the largest of its type in the world, is expected to start up in the first half of 2015. Heitmann...

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