Solvay SA has announced it will ramp up resin production at its plant in Gujarat, India by 25 percent.
The Belgium-based firm said the move was to support what it called “strong demand” for its ultra-high performance polymers KetaSpire and AvaSpire, used in lightweighting manufacturing across the automotive and aerospace sectors.
Demand for KetaSpire and AvaSpire resins had been growing significantly, according to Augusto Di Donfrancesco, president of Solvay Specialty Polymers.
“The move to debottleneck capacity shows we are determined to keep pace with this growing demand worldwide and with our customers' creativity in leveraging the features of our innovative materials,” he added.
Solvay said it had been progressively increasing resin capacity at its Panoli, Gujarat, plant since it started commissioning its PEAK resin operation there in 2008.