Solvay Advanced Polymers will suspend production at its facility in Bay St. Louis, Miss., manufacturing PrimoSpire SRP (self-reinforced polyphenylene). PrimoSpire SRP is one of the stiffest and strongest unreinforced plastics in the world and is unique in its ability to deliver extremely high compressive strength and heat resistance without reinforcement. Solvay Advanced Polymers currently has ample inventory on hand to serve existing customers and seed any development opportunities with prospective customers.
The changes are being executed in a bid to refocus its people and assets on research and development to fully commercialize the product. The move will eliminate 14 positions at the site, retain 5 R&D positions and transfer another 5 to other facilities and sites within the company.
"We see great opportunity for PrimoSpire SRP in a multitude of industries and applications and are committed to funding its development," explained Chris Wilson, Senior Vice President for Ultra Polymers, Solvay Advanced Polymers. "This strategic business decision will focus assets and personnel on refining and improving the process technologies necessary to realize PrimoSpire's full commercial potential. We regret the impact this move will have on affected employees and the community."
20-Sep-10 
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}