LANXESS moves butyl rubber global HQ to Singapore

LANXESS AG is moving the global headquarters for the Butyl Rubber business unit from Fribourg, Switzerland, to Singapore to better serve the growing demand in the Asia-Pacific. "We want to be close to our customers in the Asia-Pacific and being in Singapore allows us to do that. Singapore's pro-business environment, the ability to attract talents from all over the world, and a world-class infrastructure for logistics and supply chain management are all compelling reasons for us to operate our global business from here." says Dr. Ron Commander, Global Head of the LANXESS Butyl Rubber business unit. The Butyl Rubber business unit has previously announced it will build a 100,000-tonne per annum plant on Jurong Island, and has scheduled production to start in 2014. With an investment of up to EUR 400 million, the plant will be the largest of its kind in Asia and equipped with a unique breakthrough technology that will make it the world's most modern butyl rubber facility. In Singapore, LANXESS manages the Southeast Asian business of its 13 business units. It also hosts the Asia-Pacific marketing headquarters of the Leather business unit and a microbiology testing laboratory belonging to the Material Protection Products business unit. (the end) www.lanxess.comAir Jordan XVIII 18