LANXESS to break ground in Singapore for world's largest Nd-PBR plant in September.

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  • Source:
    Chemical Business. Mar2012, Vol. 26 Issue 3, p68-69. 2p.
  • Subject Terms:
    *INVESTMENTS; NEODYMIUM
  • Additional Information
    • Subject Terms:
      SINGAPORE
    • Subject Terms:
      LANXESS AG ; PETROCHEMICAL Corp. of Singapore Pte Ltd. ; TP Utilities Pte Ltd.
    • Subject Terms:
      HEITMANN, Axel, 1959-
    • Abstract:
      The article focuses on a plan by LANXESS to break ground on its new neodymium polybutadiene rubber (Nd-PBR) plant in Singapore on September 11, 2012. Its target investment for the new plant is 200 million euros. According to LANXESS Chairman Axel C. Heitmann, contracts were signed by the firm with key suppliers to the Nd-PBR plant. These suppliers include Petrochemical Corporation of Singapore (Private) Limited and TP Utilities Pte. Ltd.