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As Singapore has the geographical and raw material supply advantages, some of the world’s chemical giants are accelerating investment in the local synthetic rubber market. Germany LANXESS company recently said that the company is planning to invest 200 million euros in Singapore Jurong Island to build a set of 140,000 tons / year of the world's largest polybutadiene rubber plant, planned for completion and put into operation in the first quarter of 2015. The plant will be adjacent to the 100,000 tons/year butyl rubber plant currently under construction at LANXESS, which is expected to be completed and put into operation in the first quarter of 2013. Sumitomo Chemical Co., Ltd. has decided to build a new 40,000-ton/year S-SBR plant on Jurong Island in Singapore, which is expected to be put into production in the fourth quarter of 2013. Another chemical company in Japan, Asahi Kasei Chemicals (AKC), announced that it will build a new S-SBR unit on Jurong Island, Singapore. The initial designed capacity of the device is 50,000 tons/year and is expected to start production in June 2013. In the second phase, the company plans to expand the facility to 100,000 tons/year by the first half of 2015.
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