German specialty chemicals group LANXESS Corporation (Lanxess) today announced that, after a series of choice in the assessment of the Asian region, the company plans to Singapore's Jurong Island (Juron) build a second synthetic rubber manufacturing plant.

    According to reports, Lanxess CEO Heitmann (AxelC.Heitmann) and the Singapore Economic Development Board (EDB) Chairman Ye Chengchang (LeoYip) scheduled for 2011 6 ÔÂ 2 ÈÕ (ÐÇÆÚËÄ) signed a memorandum of understanding marks the German Chancellor Mo Kerr (AngelaMerkel) first visit to Singapore.

    According to Lanxess plans, the company will be in Singapore Jurong Island Chemical Park, 200 million euros investment in the construction of a new neodymium polybutadiene rubber (Nd-PBR) plant. The company said the new plant is completed, will become the world's largest neodymium polybutadiene rubber factory. The plant is expected to be put into the first half of 2015, annual capacity will reach 14 million tonnes, is expected to create about 100 local jobs.

    Neodymium polybutadiene rubber is the part of tire rubber in reducing energy consumption is better than many other tire rubber. In addition, it also reduces tire wear, thereby improving vehicle safety, environmental protection and economy play an important role.

    It is reported that Lanxess has Petrochemical Corporation of Singapore (PetrochemicalCorporationofSingapore (Private) Limited, referred to as PCS) signed a memorandum of understanding, PCS will through the pipeline and long-term supply of butadiene for the LANXESS, LANXESS is the PCS and long-term supply RaffinateII. Butadiene is the production of neodymium LANXESS polybutadiene rubber raw materials needed, and RaffinateII will become the new LANXESS butyl rubber plant in Singapore one of the products.