193 Million Dollar Investment Solenis to Expand Operations in Virginia, USA

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Solenis has plans to invest 193 million dollars in order to expand its business operations in Virginia, USA. The firm intends to develop a new production unit, packaging facility and tank farm, and also accommodate production of polyvinylamine polymer products.

Wilmington/USA – Solenis will invest 193 million dollars to expand its operation in the City of Suffolk, Virginia. The company will build a new 80,000-square-foot production facility, packaging facility and tank farm, and add a new rail spur to accommodate production of polyvinylamine (Pvam) polymer products, which are used in paper and cardboard manufacturing. This new facility will be used to grow the existing polymer product line and add additional capacity of this critical monomer to the existing supplier. The project will create 34 new jobs.

“This investment is part of our ongoing commitment to provide value for customers while helping them advance their sustainability initiatives,” said John Panichella, CEO, Solenis. “As demand rises for sustainable manufacturing operations, this new facility not only ensures we have capacity to supply the paper packaging market, it will also help us diversify into other applications that can drive additional growth.”

“I'm thrilled to introduce a significant 193-million-dollar expansion by Solenis to their manufacturing facility in Suffolk,” said Suffolk Mayor Michael Duman. “This substantial investment marks a significant step forward in our economic development and underscores our unwavering commitment to innovation. This state-of-the-art facility is set to not only bring about the creation of approximately 34 new job opportunities, strengthening our local workforce, but will also significantly boost our production capacity for essential raw materials. We foresee a promising future in collaboration with Solenis.”

“There is significant competition to have a company like Solenis invest and expand its operations,” said Stephen A. Edwards, CEO and executive director of the Virginia Port Authority. “Having the Port of Virginia, the nation’s most modern gateway, as your logistics partner and the ability to expand in neighboring Suffolk are critical factors in these kinds of decisions. This expansion is going to help drive import and export growth here and we are ready to work with Solenis to ensure that its cargo is handled with smooth, safe efficiency.”

“I welcome this 193-million-dollar investment by Solenis to their manufacturing facility in Suffolk. The jobs created as a result of this investment are vital to our workforce. Creating a robust economy and prioritizing workforce development initiatives is a key priority to growing opportunities in our region,” said Senator Emily Jordan. “I remain committed to continually fostering a regional pro-business economy that focuses on adding good-paying jobs to Suffolk.” 

The Virginia Economic Development Partnership worked with the City of Suffolk and the Virginia Department of Rail and Public Transportation to secure the project for Virginia. Governor Youngkin approved a 275,000-dollar grant from the Commonwealth’s Opportunity Fund to assist the City of Suffolk with the project. The company is also eligible to receive Port of Virginia tax credits and benefits from the Rail Industrial Access Program, subject to approval by the Commonwealth Transportation Board.

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