Solvay expands, upgrades ultra polymer production in Panoli (India)
The Solvay group announced that it has decided to expand and upgrade its facilities in Panoli (Gujarat State, India), which will result in the creation of a new, world-class production unit for polyether ether ketone (PEEK) and other materials in the ultra-performance segment of the specialty polymers business. According to the company, the installation will be built to provide for a natural expansion of production, resulting in a step-wise increase in capacity as warranted by demand. It shall come on stream in the first quarter of 2008, with a production capacity of 500 metric tons per year of KetaSpire.
The amount of the investment required for the upgrade and expansion of the site will not be communicated.
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