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Solvay to build new fluorinated polymers plant

April 26/2012
(chemicals-technology) -- Belgian chemical company Solvay is planning to construct a new fluorinated polymers plant in Changshu, Jiangsu, China.

Solvay Specialty Polymers growth and development head Maurizio Gastaldi was quoted by China Daily as saying that the project needs an investment of EUR120m and is scheduled to be operational in 2014.

"It will significantly boost Solvay's global production capacity and meet the growing demand for high value-added specialty polymers in Asia," Gastaldi added. "Our focus is to manufacture products for end-use markets such as photovoltaic and lithium batteries, contributing to wider global demand."

Solvay's investment also includes EUR 21m to build a compounding plant in Changshu, Jiangsu, China, which is expected to start up in the summer of 2012.

"The facility will be fully adaptable for future expansion for both overall capacity and for other high performance engineering and fluorinated polymers," Gastaldi added.

Author:Anna Larionova
Category:General News
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