Lanxess opens 200m euro synthetic rubber plant in Singapore

| Energy & Chemicals

On 27 August 2015, German chemicals company Lanxess opened a 200 million euro (S$318.5 million) plant in Jurong Island, one of the largest investments made by the firm worldwide. 

[Left to Right]: Mr Damian Chan, Executive Director, Energy & Chemicals, Singapore Economic Development Board; Ms Fiona Wu, Managing Director and Country Representative, Lanxess; Mr Matthias Zachert, Chairman of Board of Management, Lanxess; Mr Lim Hng Khiang, Minister for Trade and Industry; Mr Dennis Tan, Director of Biomedical & Chemicals, Jurong Town Corporation; Dr Steffen Koch, Deputy Head of Mission, German Embassy; Mr Jorge Nogueira, Head, Tire & Specialty Rubbers Business Unit, Lanxess

The neodymium butadiene rubber facility, which produces synthetic rubber that can increase fuel efficiency and performance in tires, is the German company's second plant in Singapore. It has a production capacity of 140,000 metric tons a year, and will generate about 100 highly skilled jobs, which will be largely filled by locals.

Said Mr Matthias Zachert, chairman of the board of management at Lanxess: "Together with our adjacent butyl rubber plant, the opening of this new butadiene rubber plant reinforces the strategic role of Singapore as our hub for synthetic rubber production for the Asian markets."

Speaking at the event, Trade and Industry Minister Mr Lim Hng Khiang, who was guest-of-honour, announced that a council looking to raise productivity in the Process Construction and Maintenance (PCM) sector has entered a partnership with the Construction Industry Institute in Texas. The initiative aims to study and implement best practices for project management, as well as implement a certification system for productivity to ensure PCM companies remain competitive.

Press Release and Speech
- 27 August 2015

Lanxess opens 200m euro synthetic rubber plant in Singapore