(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. |
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