Solvay to build large specialty polymers production plant in China
Solvay announced it has launched a project to build a specialty polymers production plant for SOLEF® Polyvinylidene Fluoride (PVDF), Tecnoflon® fluoroelastomers (FKM) and their essential monomer VF2 in China to satisfy the growing demand for these high value-added specialty polymers in Asia.
The plant will be built at Solvay's industrial site in Changshu in the province of Jiangsu and is scheduled to become operational at the beginning of 2014. It requires the investment of EUR 120 million and will significantly boost Solvay's global production capacity for these specialty polymers.
The new plant in Changshu will be built next to the compounding plant under construction for Amodel® polyphthalamide (PPA), Ixef® polyarylamide (PARA) and Kalix® (modified PARA) which is scheduled to become operational in the last quarter of 2012.
"This new production plant will enable Solvay to capture a part of the huge growth potential in this exciting and dynamic region. We'll bring our customers more high value-added polymers which will help them improve their environmental footprint and sustainability profile," comments Jacques van Rijckevorsel, Group General Manager of Solvay's Plastics Sector and member of the Executive Committee.
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