Solvay build specialty polymers resin facility in US

Solvay to build specialty polymers resin facility in US

11:40 AM, 24th February 2015
Solvay to build specialty polymers resin facility in US

BRUSSELS, BELGIUM: Solvay is building a new specialty polymers resin unit in the United States, significantly expanding its production capacity of PEEK (polyether etherketone) and solidifying itself as a leader in the industry with a unique site presence in both the United States and in Asia.

The new unit at Solvay’s Specialty Polymers site in Augusta, Georgia, is expected to come on stream in mid-2016 and, combined with the expansion already underway at the site in Panoli, India, raise Solvay’s total PEEK neat resin production capacity to more than 2,500 metric tonne worldwide. Collectively, Solvay will invest more than $85 million in these two expansions.

These investments affirm Solvay’s long term commitment to the industry to keep pace with growing demand for KetaSpire PEEK and AvaSpire PAEK. These two ultra-polymers play a major role in light-weighting, reducing energy consumption and in enabling high performance in demanding applications such as healthcare, electronics, oil & gas, aeronautics and automotive.

“This major expansion drive will make Solvay the only player in the industry to produce PEEK at two different sites in two different, growing regions. The new plant in the United States together with the one in India will provide unmatched security of neat resin supply. These investments reinforce our long-term commitment to our customers worldwide,” said Augusto Di Donfrancesco, President of Specialty Polymers Global Business Unit, Solvay.

© Worldofchemicals News 



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