Solvay increase resin production capacity in India

Solvay to increase resin production capacity in India

12:14 PM, 3rd December 2014
Solvay to increase resin production capacity in India

BRUSSELS, BELGIUM: Solvay is increasing resin production capacity at its plant in Panoli, Gujarat state in India, by 25 per cent to support strong demand for its innovative ultra-high performance polymers KetaSpire and AvaSpire. Solvay’s KetaSpire and AvaSpire are used in markets growing at least 8-10 per cent annually. In transportation, these ultra-polymers replace metals and help make cars and airplanes lighter thereby reducing fuel consumption and CO2 emissions. Other key markets include healthcare, electronics and energy.

“Demand for KetaSpire and AvaSpire resins has been growing significantly thanks to Solvay’s ability to deliver innovative and tailored solutions in close relations with its customers. Today’s announcement to debottleneck capacity shows we are determined to keep pace with this growing demand worldwide and with our customers’ creativity in leveraging the features of our innovative materials,” said Augusto Di Donfrancesco, President, Specialty Polymers, Solvay.

 

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