Lanxess postpones butyl project again

Dawson, Brad
July 2009
Rubber & Plastics News;7/13/2009, Vol. 38 Issue 25, p7
Trade Publication
The article informs that Lanxess AG has postponed the construction of a planned butyl rubber facility in Singapore for the second time. Ron Commander, Lanxess managing director and global head of the company's Butyl Rubber business unit, said that the deferment was necessary because of the ongoing economic crisis and the downturn in the butyl market. Despite the drop in butyl demand, the company has entered into a five year supply agreement for the material with Hankook Tire Co. Ltd.


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