New Lanxess Rubber Facility for Singapore
It appears as if chemical manufacturer Lanxess will build a new rubber facility in Singapore. According to a Reuters report, the German company will spend about 400 million euros setting up a butyl rubber facility in the city state.
The facility will primarily service the tyre industry, and Singapore was one of several countries, including Malaysia and Thailand, vying for selection. So far no official comment has been made by Lanxess.
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