SOLVAY INCREASES FOMBLIN-Y® AND GALDEN® PRODUCTION CAPACITY TO CONTINUE SERVING FAST GROWING DEMAND
(Thomson Reuters ONE) -
Brussels, 9 June 2011, at 7.30 a.m. (Brussels time)
Solvay increases FOMBLIN-Y(®) and GALDEN(® )production capacity to continue
serving fast growing demand
Investment of about EUR 15 million to be completed by the end of 2012
Solvay announces today it will increase its production capacity for the high
value-added specialty polymers perfluoropolyethers (PFPE), marketed as FOMBLIN-
Y(®) and GALDEN(®) in Spinetta Marengo, Italy. The capacity expansion, which
will be completed by the end of 2012, requires an investment of about EUR 15
million. Demand for these two product families, which are used for very
demanding applications, is expected to continue to grow.
The FOMBLIN-Y(®) product family is mainly used for industrial lubrication in
high temperature bearings and chains, lubrication of vacuum pumps in the
semiconductor industry and automotive end-uses (bearings, valves, actuators,
plastic gears and components, electrical contacts).
GALDEN(®) is largely used as heat transfer fluid in semiconductor processing
equipment and as a testing fluid for finished electronic components. GALDEN(®
)is also an enabling material for lead free soldering of electronic boards as it
delivers unmatched uniform heating of the solder at the extreme temperature
ranges needed without harming the plastic substrate. In addition, GALDEN(® )is
becoming a critical heat transfer fluid for thermal management of high
temperature processing in the production of photovoltaic cells. GALDEN(® )high
temperature heat transfer fluids have very low vapor pressures, by which
emissions to the environment are very low and operating costs for our customers
are lowered.
"This capacity expansion will give us the opportunity to continue keeping track
of the growing global demand for our high value-added products. Having excellent
sustainability profiles, these product families help our customers meet the
evermore demanding requirements and will enable Solvay to continue its
sustainable and profitable growth," says Augusto Di Donfrancesco, Senior
Executive Vice President and General Manager of Solvay's Global Business Unit
Specialty Polymers.
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
Press release SOLVAY 08062011:
http://hugin.info/133981/R/1522140/458400.pdf
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Source: Solvay S.A. via Thomson Reuters ONE
[HUG#1522140]
Unternehmensinformation / Kurzprofil:
Datum: 09.06.2011 - 07:32 Uhr
Sprache: Deutsch
News-ID 55430
Anzahl Zeichen: 4283
contact information:
Town:
Brussels
Kategorie:
Business News
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