Sumitomo Chemical will withdraw from the production of solution-polymerized styrene-butadiene rubber (S-SBR) in Singapore by the middle of 2024 as part of the company’s restructuring process. The S-SBR plant in Singapore started commercial production in 2014. Its production capacity is 40,000 tons per year. Although the company will withdraw from S-SBR production in Singapore, it will continue production at its…