Stephan van Santbrink will become chief executive officer of Arlanxeo on 1 October following Donald D. Chen’s retirement from this position. Chen will remain involved with the company in a senior advisory capacity until 1 February 2024 to ensure a smooth transition of leadership and the continuation of important strategic projects.
Following the final investment decision by Aramco and TotalEnergies to build a joint venture petrochemical facility in Jubail, Saudi Arabia, Arlanxeo announced it would set up a 140 ktpa plant nearby to produce Ultra High cis Polybutadiene (NdBR) for tyre treads as well as Lithium Butadiene Rubber (LiBR) for use in plastics. Construction is scheduled to start next year and Arlanxeo expects commercial operations to commence in 2027.
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