One of the world’s largest synthetic rubber producers, Arlanxeo, will cease operations at its neodymium butadiene rubber (Nd-BR) plant at Jurong Island in Singapore by the end of this year, the company said in a statement sent to customers. The facility has a production capacity of 140,000 tonnes per year and is located next to Arlanxeo’s 100,000 tonnes butyl rubber plant on Jurong. The $ 240 million plant was opened in August 2015 by LANXESS AG to help meeting rising demand for the polymer in rolling-resistances tires. Arlanxeo was established in 2016 as a 50:50 joint venture between the German specialty chemicals giant and Saudi Aramco Oil Co. s former owner, in. LANXESS sold its 50% stake in Arlanxeo to Saudi Aramco early last year.
The closure of the Nd-BR plant in Singapore is in line with the Netherlands-headquartered company’s response to "changes in the rubber industry" and will help optimize resources and capabilities in its global Nd-BR production network. The company said its Buna Nd-BR products will continue to be part of its global product offerings.