Speciality Polymers and Monomers Solvay Builds New Speciality Polymers and Monomers Production in China
Solvay announced plans to invest around EUR 120 million in a new speciality polymers production plant at it's existing industrial site in Changshu. Solvay plans to transform the Changshu production site into it's industrial base for fluorinated polymers in the region to serve the growing demand for these materials in the Chinese industry.
Brussels/Belgium – Solvay plans to build a new production facility for speciality chemicals at it's existing industrial site in Changshu. The Belgian company plans to produce it's polymer products Solef PVDF and Tecnoflon FKM as well as their essential VF2 monomer to serve the fast growing demand for speciality polymers in China, Solvay officials say.
Operations at the new site are expected to begin in spring 2014. Solvay already builds a new compounding plant at the Changshu site which will become operational in the last quarter of 2014.
“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.
“The plant in Changshu will transform the site into a strong industrial base for fluorinated polymers and their essential strategic feedstock in China. We can this way leverage the Chinese Fluorine supply chain, be closer to our customers and diversify our supply basis by adding a new production base for both Solef PVDF and Fluoroelastomers Tecnoflon,” adds Augusto Di Donfrancesco, Senior Executive Vice President and General Manager of Solvay's Global Business Unit Specialty Polymers.