Lanxess celebrates the opening of Asia's most modern butyl rubber plant as well as the companies biggest investment project ever. The German speciality chemicals specialists have invested around € 400 millions in the new 100.000 tons/year facility at Jurong Island...
Jurong Island/Singapore - At an official ceremony attended by around 400 guests, Lanxess inaugurated its new butyl rubber plant on Jurong Island in Singapore on schedule. The specialty chemicals company has invested approximately € 400 million in the plant, which will have a capacity of 100,000 metric tons. The plant will create about 160 highly qualified new jobs that will mainly be filled locally. The facility is the most modern of its kind in Asia and will produce premium halobutyl rubber, as well as regular butyl rubber.
Lanxess is the first butyl rubber manufacturer to have a wholly-owned global presence. The newly opened plant in Singapore joins existing butyl rubber plants in Sarnia, Canada, and Zwijndrecht, Belgium. This means that the specialty chemicals company now has state-of-the-art facilities on three continents. The butyl rubber facility in Singapore went into operation in the first quarter of 2013 and is being ramped up gradually. Commercial production will start in the third quarter of this year. The facility is expected to achieve full capacity in 2015.
Lanxess' Largest Investment Ever
“This is the largest investment in the company’s history, and underlines the importance of Asia as a location for our synthetic rubber business,” said Axel C. Heitmann, Lanxess’ Chairman of the Board of Management during the opening ceremony. “We have clearly built this plant with the future of mobility in mind because we think and act long-term.”
Also present at the event were Teo Chee Hean, Deputy Prime Minister of Singapore, Angelika Viets, the Ambassador of the Federal Republic of Germany to Singapore, and Ron Commander, Head of the Lanxess Butyl Rubber business unit.
“Riding the Growth Trend in Asia”
"Riding the growth trend in Asia, Lanxess is using Singapore as their base to grow their Pan-Asian business. With companies further expanding their activities in Singapore to include headquarter and R&D activities, we expect a wide range of enriching career opportunities for many Singaporeans in the chemicals sector. I would like to extend my heartfelt congratulations to Lanxess on the opening of its first butyl rubber facility in Asia, and look forward to many more years of fruitful partnership," said Teo Chee Hean.
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