To serve the dynamic demand for innovative and high performance materials in China, Solvay plans to build a new world-class polytetrafluoroethylene (PTFE) Micronized Powder production unit. This project awaits authorization from the relevant authorities, and is estimated to commence production in H2-2007. This move materializes Solvay's geographical expansion strategy into fast growing markets, with a particular focus on Asia.
The new Polymist ® facility would be located in the Jiangsu High-Tech Fluorochemical Industrial Park, 100 kma west of Shanghai, and will be operated through Solvay Specialty Polymers Changshu, a newly created and fully-owned subsidiary of the Solvay group. PTFE Micronized Powders, marketed under the brand name Polymist ®, are used in a variety of complex applications, such as the manufacturing of cosmetics, high gloss inks, high performance lubricants and heat-resistant materials.
Other recent acquisitions by Solvay in Asia include:
The ultra performance polymers activities of Gharda Chemicals in Panoli, India
Creating a high performance materials R&D and marketing platform in Shanghai, China
Setting up a joint venture for the development, production and marketing of High Purity Hydrogen Peroxide in Suzhou, China
Commissioning of a new production facility for fluorinated chemical specialties in Onsan, South Korea.
03-Jul-06 
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