Solvay expands, upgrades ultra polymer production in Panoli (India)
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The Solvay group announced that it has decided to expand and upgrade its facilities in Panoli (Gujarat State, India), which will result in the creation of a new, world-class production unit for polyether ether ketone (PEEK) and other materials in the ultra-performance segment of the specialty polymers business. According to the company, the installation will be built to provide for a natural expansion of production, resulting in a step-wise increase in capacity as warranted by demand. It shall come on stream in the first quarter of 2008, with a production capacity of 500 metric tons per year of KetaSpire.
The amount of the investment required for the upgrade and expansion of the site will not be communicated.