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German chemicals firm Lanxness unveils $314m plant in Singapore
It has created around 100 skilled jobs. Lanxness, a German specialty chemicals company, has invested $314m (EUR 200m) into its new neodymium butadiene rubber plant in Jurong Island. The plant has an annual production capacity of 140,000 metric tons, and has generated roughly 100 highly skilled jobs. The plant is located next to its existing butyl rubber plant.