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06-22-2010

Lanxess Selects Key Suppliers for Butyl Rubber Plant in Singapore

Lanxess AG, Leverkusen, Germany, announced the key suppliers for its new butyl rubber plant on Jurong Island in Singapore. With these suppliers in place, the project execution phase is now in full swing to set up the infrastructure for the construction of the plant. Production is scheduled to start in the first quarter of 2013 and the plant represents an investment of up to EUR 400 million for the company.

Lanxess has finalized contracts with Sembcorp Industries Ltd, TP Utilities Pte Ltd (a wholly-owned unit of Tuas Power Ltd), Foster Wheeler Asia Pacific Pte Ltd and Stolthaven Singapore Pte Ltd. Previously, Lanxess has signed an agreement with Shell Eastern Petroleum (Pte) Ltd to supply Raffinate 1 – a product created through butadiene extraction – by pipeline from neighboring Bukom Island, which is part of the Shell Eastern Petrochemicals Complex.

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