Solvay Performance Polyamides says the company's latest improvements of its Sinterline solutions can further accelerate the industry’s transformation, featuring processability and high mechanical performance.
Solvay has launched the centers in the United States and Europe. The Product Development Center in Georgia will focus on the development of next-generation thermoplastic composites while the Customer Engagement Center in Belgium will collaborate with customers to accelerate the market adoption of thermoplastic composites.
With an aim to meet the growing global demand, Solvay has plans to increase its soda ash and sodium bicarbonate production capacity by 600 kilo tonnes in the USA and 200 kilo tonnes in Bulgaria respectively.
With an aim to meet strong demand from the aerospace sector, Solvay has undertaken the move to expand its thermoplastic composites capacity at its California facility in the USA. The initiative also aims to improve output, quality, consistency as well as industrial reliability.
With an aim to accelerate value creation for the Solvay Group, the company has plans to simplify and realign its Executive Committee. With this new plan, members of the Executive Committee will be responsible for execution of corporate strategy and financial performance of their respective portfolios.
The efficiency programme aims to increase the production capacity of soda ash by 500 kt and of sodium bicarbonate by 100 kt in the next two years. It will also ensure security of supply for the company’s soda ash and sodium bicarbonate customers.
Solvay has agreed to link the terms of an existing $ 2.3 billion revolving credit facility to a reduction in greenhouse gases. The company concluded this positive incentive agreement with its syndicate of nine banks.
Solvay announced the groundbreaking of its manufacturing footprint expansion that increases the resin mixing capacity at its Greenville site to meet the growing needs of commercial and military aerospace composite customers.