(chemicals-technology) -- Flexsys Chemicals, a subsidiary of Solutia, will invest RM450m (USD148.8m) to expand its soluble sulphur plant and construct a new polyvinyl butyral (PVB) resin production facility in Kuantan, Malaysia in 2012.
Solutia Singapore president Robert Chu was quoted by The Sun Daily as saying that the expansion and new plant in Kuantan are aimed at ramping up capacity to support the company's businesses worldwide as it expects to see solid and healthy growth in Malaysia.
Soluble sulphur and PVB resin are used to produce rubber tyres for commercial and passenger vehicles, and laminated glass for buildings and windshields, respectively.
Flexsys, a joint venture (JV) formed by Solutia and Akzo Nobel (Netherlands) in 1995, is involved in the growth of automotive, construction and renewable energy business sectors.
Solutia is involved in the manufacture of performance materials and specialty chemicals including polyvinyl butyral (PVB), ethylene vinyl acetate (EVA), and thermoplastic polyurethane (TPU) interlayers for laminated glass and aftermarket window films.
The company also manufactures protective barrier and conductive films, and rubber processing chemicals which are used in architectural, automotive, alternative energy, electronic devices, consumer and industrial applications.