Sector News

Solvay expands capacity in US with new unit

February 24, 2015
Energy & Chemical Value Chain
Solvay, the Brussels, Belgium-based chemicals group, has announced that it is building a new speciality polymers unit in the US, expanding its capacity of PEEK (polyether etherketone).
 
The new unit is to be built at Solvay’s Specialty Polymers site in Augusta, Georgia, US, and is expected to come on stream in mid-2016. Combined with the expansion already underway at its site in Panoli, India (set to increase Solvay’s polymer production at the site by 25%) Solvay’s total PEEK neat resin production capacity will rise to more than 2,500 tonnes worldwide.  
 
Solvay says it will invest more than $85m (€75.2m) in these two expansions.
 
The expansions will address the demand for KetaSpire PEEK and AvaSpire PAEK, says Solvay, which play a large role in light-weighting, reducing energy consumption and in enabling high performance in demanding applications such as healthcare, electronics and automotive.
 
“This major expansion drive will make Solvay the only player in the industry to produce PEEK at two different sites in two different, growing regions,” said Augusto Di Donfrancesco, president of Solvay’s Specialty Polymers Global Business Unit (GBU) in a statement. “The new plant in the United States together with the one in India will provide unmatched security of neat resin supply. These investments reinforce our long-term commitment to our customers worldwide.”
 
Solvay employs about 29,400 people in 56 countries and reported net sales of around €9.9bn 2013.
 

comments closed

Related News

April 26, 2024

CIECH Group will change its name to Qemetica in June

Energy & Chemical Value Chain

We are closing the chapter of the Chemicals Import Export Headquarters, and opening a new chapter under the name of Qemetica – a chemical group driving many industries on all continents. Therefore, the change of name is also accompanied by the adoption of the key goals of the business strategy for the next 6 years. – says Kamil Majczak, President of the Management Board.

April 26, 2024

Neste annouces first success in processing pyrolysis oil from discarded tires

Energy & Chemical Value Chain

In its efforts to advance chemical recycling, Neste has successfully conducted its first processing trial run with a new challenging raw material, liquefied discarded tires. In the processing run, Neste produced high-quality raw material for new plastics and chemicals.

April 26, 2024

Sika opens synthetic fibers production facility in Peru

Energy & Chemical Value Chain

Sika is opening a state-of-the-art facility in Lima, Peru, to produce synthetic macro fibers, and expanding the rollout of a product range with great growth potential in Latin America. With this innovative technology, Sika is further strengthening its position as a leading supplier to the mining industry and a strong partner for infrastructure projects.

How can we help you?

We're easy to reach