02 Jun '11, 2am

"Green Tyres" that can reduce fuel consumption and carbon dioxide emissions.

SINGAPORE - German chemical maker Lanxess is investing some S$350 million in Singapore to build the world's largest manufacturing plant for (neodymium polybutadiene) specialised rubber. This synthetic rubber material is used for the manufacture of high performance and eco-friendly tyres. The move comes as the company rides on the booming tyre market in Asia. Only a year after breaking ground for its butyl rubber plant in Jurong Island, Lanxess is giving its large-scale investment a follow-through. The German-listed company is building a facility that will annually produce 140,000 metric tons of a new type of synthetic rubber. This material is then used to make "green tyres" that can reduce fuel consumption and carbon dioxide emissions. That production capacity is about a fifth of the 800,000 metric tonnes per annum produced by the company's six manufacturing plants globall...

Full article: http://www.todayonline.com/Business/EDC110602-0000076/Lan...

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