Solvay Specialty Polymers expands range in China

By Frank Esposito
Senior Staff Reporter

Published: July 30, 2013 4:39 pm ET
Updated: July 30, 2013 4:42 pm ET

Related to this story

Topics Materials, China, Materials Suppliers

Solvay Specialty Polymers has expanded the range of compounds made at its Chinese plant and also has opened six new global warehouses since the start of the year.

Solvay SP – an Alpharetta, Ga.-based unit of global chemicals maker Solvay Group of Brussels – in January began making compounds based on its KetaSpire, AvaSpire and Torlin high-performance resins in Changshu, China. KetaSpire is a polyetheretherketone (PEEK), AvaSpire is a polyaryletherketone (PAEK) and Torlon is a polyamide-imide (PAI).

The Changshu plant opened last year and had been compounding other Solvay resins. But the time was right to add the “ultrapolymer” lineup of PEEK, PAEK and PAI, Solvay executive Chris Wilson said in a recent phone interview.

“We had been supplying (China) by export from India, the U.S. or Europe,” said Wilson, who serves as senior vice president of the firm’s ultra-performance materials business. “But our sales (in China) had reached critical mass, so now was the right time to expand. Sales for high-performance materials are expanding in that part of the world.”

Markets using these high-end materials include transportation, healthcare, electronics, oil and gas and semiconductors. Solvay’s total investment in the Changshu plant now stands at more than $27 million.

Solvay also has expanded its supply chain for these products by adding two U.S. warehouse locations – one in the Houston area and another in the Minneapolis area — and four in Asia, including sites in China, Singapore, Japan and South Korea.

In a news release, officials said that the warehouse expansions “place these ultrapolymers in close proximity to the markets in key geographies around the world.” They added that in the U.S., consumption of these resins is concentrated because of the strong presence of companies involved in oil and gas exploration and production.

Wilson said PEEK, PAEK and PAI are being used in equipment used to explore and produce shale gas in the region, especially with discovery efforts going deeper into the ground and experiencing hotter temperatures.

Although growth in the U.S. is “quite strong,” Wilson said Solvay has no current plans to expand its compounding assets in the region. The firm operates U.S. compounding sites in Alpharetta and Augusta, Ga.; Greenville, S.C.; West Depford, N.J.; and Marietta, Ohio.

 


Comments

Solvay Specialty Polymers expands range in China

By Frank Esposito
Senior Staff Reporter

Published: July 30, 2013 4:39 pm ET
Updated: July 30, 2013 4:42 pm ET

Post Your Comments


Back to story


More stories

Image

Ukraine's Group DF may be forced to sell Crimea-based additives plant

July 28, 2014 10:12 am ET

Group DF, the industrial business of Ukrainian tycoon Dmitry Firtash, may be forced to sell off Eastern Europe's biggest producer of titanium oxide,...    More

Image

DuPont resins help take Nike golf balls 'Fore!'ward

July 25, 2014 1:07 pm ET

It may be difficult to imagine just how much science, not to mention rubber and plastic components, go into a golf ball. But global giant DuPont Co....    More

Image

Bioplastics maker wins government funding

July 25, 2014 12:13 pm ET

Canadian bioplastics maker Solegear Bioplastics Inc. has won $1.6 million in funding from the government-sponsored Western Innovation Initiative...    More

Image

Report: biodegradeable plastics use in Europe to grow 12 percent

July 25, 2014 10:25 am ET

The biodegradable plastics market in Europe is forecast to witness 12 percent compound growth during 2014-19, according to TechSci Research's...    More

Image

Prices trending up for some recycled resins

July 24, 2014 1:27 pm ET

Plastics News is correcting prices for recycled grades of several commodity resins on this week's resin pricing chart.    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events