Japan’s Zeon Corporation marked its first major investment in Singapore when it broke ground for its S$240 million (US$188.5 million) synthetic rubber plant on Jurong Island on 1 September. The Solution Polymerized Styrene-Butadiene Rubber (S-SBR) facility aims to meet the rising demand for environment-friendly and fuel-efficient tyres across Asia.

The investment is in line with Zeon’s goal of doubling its output for tyre grade S-SBR to over 20 per cent of its global synthetic rubber production capacity. Using unique technology suitable for the silica compound, the plant will produce tyres with low rolling resistance and a good wet grip.

Singapore’s strong IP protection regime and proximity to regional markets, and access to feedstock supplies on Jurong Island are key factors for chemical companies like Zeon to set up operations here. “Jurong Island’s vibrant and unique ecosystem of companies in the petrochemical industry also supports Zeon’s pioneering pursuit of high performance SSBR 
products,” said Naozumi Furukawa, President and CEO, Zeon Corporation.

Kagami Biraki ceremony at Zeon Corporation's S-SBR groundbreaking dinner celebration