11 September 2012 07:55 [Source: ICIS news]
SINGAPORE (ICIS)--LANXESS on Tuesday began construction of its new €200m ($256m) neodymium-based performance rubber (Nd-PBR) plant at ?xml:namespace>
The new 140,000 tonne/year plant is expected to start up in the first half of 2015, they said.
The plant will get the majority of its butadiene feedstock from Petrochemical Corporation of
"PCS is now building a new extraction unit to supply the majority of the feedstock for the new plant," Grub added without giving more details.
LANXESS and PCS have earlier signed an agreement on the long-term suppy, via pipeline, of butadiene from PCS to LANXESS, the company said in a statement.
The plant will create about 100 new jobs in
Meanwhile, the company's new 100,000 tonne/year butyl rubber unit is on track to be started up in the first quarter of 2013, according to company officials.
The butyl rubber plant, LANXESS' single-largest investment at €400m, is located next to the new Nd-PBR unit on
($1 = €0.78)
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