Solvay to expand sulfone polymer capacity in India

Expansion is part of the company's strategy to raise the global production of its high-performance sulfone polymers by 35 percent in the US and Asia

Solvay Specialty Polymers’ Panoli (Gujarat) plant
Solvay Specialty Polymers’ Panoli (Gujarat) plant
Rakesh Rao Mumbai
Last Updated : Oct 19 2016 | 4:09 PM IST
The Euro 12.4-billion specialty polymers company Solvay, is planning to expand capacity of its plant in India as part of its strategy to raise the global production of its high-performance sulfone polymers. 

“The company expects to increase global production capacity for its high-performance sulfone polymers by more than 35 percent over the next five years through significant investments and process optimisations at facilities in the US and Asia,” said Solvay in a press release. 

While the company’s sulfone polymers facility in Asia is located at Panoli (Gujarat), its production site in the US is based at Marietta (Ohio). In addition to producing sulfone polymers at these facilities, Solvay is back-integrated, producing sulfone monomer at Panoli as well as its plant in Augusta (Georgia, USA), to ensure security of supply for its customers in fast-growing markets.

The company - whose portfolio includes Udel polysulfone (PSU), Radel polyphenylsulfone (PPSU) and Veradel polyethersulfone (PESU) - has already added more than 12,000 metric tonnes over the past decade through similar measures.

“Solvay is the founding innovator of sulfone polymers with the introduction of Udel PSU more than 50 years ago. We take great pride in our legacy and leadership position and, today, we are committed to continue investing in our production with the aim of meeting growing industry demand and better serving our customers worldwide,” said Augusto Di Donfrancesco, president of Solvay’s specialty polymers global business unit.

A global leader in sulfone polymer and monomer production, technical support and innovation, Solvay serves customers in highly competitive industries, such as aerospace, automotive, consumer products, construction, electrical/electronics, healthcare and filtration membranes.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 19 2016 | 4:06 PM IST

Next Story