TITLE

Lanxess postpones butyl project again

AUTHOR(S)
Dawson, Brad
PUB. DATE
July 2009
SOURCE
Rubber & Plastics News;7/13/2009, Vol. 38 Issue 25, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
43591093

 

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