Due to the continuing global economic crisis, specialty chemicals group Lanxess AG is postponing the construction of its new butyl rubber facility in Singapore. Production is now scheduled to start in 2014. Lanxess will use the time to finish developing an innovative technology for butyl rubber production that will then be used at the new facility. The 100,000 tpa plant originally planned for Singapore, which would have cost up to EUR 400 million to build, had been due on stream in 2012.
Share: