Solvay increases Solef® PVDF production capacity by 50% to continue serving strong growing demand
(Thomson Reuters ONE) -
Embargo: Brussels, 3 March 2011, at 8.00 a.m. (Brussels time)
Solvay increases Solef(®) PVDF production capacity by 50% to continue serving
strong growing demand
Demand for high added-value specialty polymer increases yearly by over 10%
Solvay announces today that it has decided to increase its SOLEF(®) production
capacity by 50% to keep track of the continuously strong growing demand for this
high added-value fluorinated specialty polymer. The capacity increase at
Solvay's Tavaux plant, France, requires an investment of 26 million EUR and will
become operational in the second half of 2012.
Solvay's SOLEF(®) Polyvinylidene fluoride (PVDF) is among others used for
demanding applications in oil & gas extraction, as binders and in separators in
Lithium-ion batteries, in photovoltaics, in semiconductor manufacturing and in
water purification membranes. Global demand for PVDF has grown the last five
years by over 10% every year. The SOLEF(® )PVDF production capacity in Tavaux
was already expanded by some 30% in 2009.
The SOLEF(® )PVDF technology used in Tavaux has a strong competitive edge
resulting from its product quality and consistency. It complements harmoniously
the HYLAR(®) PVDF technology developed in West Depford, USA, and provides Solvay
with a strong position and flexibility in addressing all the specific needs of
high demanding industries.
"SOLEF(®) PVDF is used in an increasing number of applications that fit well
into the global megatrends. We are looking forward to provide our customers with
additional supply," says Augusto Di Donfrancesco, General Manager of the Global
Business Unit Specialty Polymers.
"With our unique upstream integration into fluorspar and monomers, our customers
can count on stability and quality of supply. They also benefit from our
technology and experience in developing and producing more high added-value
fluorinated materials with more performance," he adds.
SOLVAY is an international industrial Group active in Chemistry. It offers a
broad range of products and solutions that contribute to improving quality of
life. The Group is headquartered in Brussels and employs about 16,800 people in
40 countries. In 2010, its consolidated sales amounted to EUR 7.1 billion.
Solvay is listed on the NYSE Euronext stock exchange in Brussels, Belgium (NYSE
Euronext: SOLB.BE - Bloomberg: SOLB.BB - Reuters: SOLBt.BR). Details are
available at www.solvay.com.
For further information please contact:
ERIK DE LEYE PATRICK VERELST
Corporate Press Officer Head of Investor Relations
SOLVAY S.A. SOLVAY S.A.
Tel: +32 2 509 7230 Tel. +32 2 509 7243
erik.deleye(at)solvay.com patrick.verelst(at)solvay.com
www.solvaypress.com www.solvay-investors.com
Press Release:
http://hugin.info/133981/R/1493956/429662.pdf
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Source: Solvay S.A. via Thomson Reuters ONE
[HUG#1493956]
Unternehmensinformation / Kurzprofil:
Datum: 03.03.2011 - 08:04 Uhr
Sprache: Deutsch
News-ID 52094
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