Belgian chemicals giant Solvay has announced the launch of the construction of a high added-value specialty polymers plant in Changshu in order to meet the growing demand for these products.
The plant will be built on Solvay’s industrial site in Jiangsu Province and should be operational by the start of 2014. It requires an investment of € 120 million and will significantly increase Solvay’s global production capacity for these speciality polymers.
The objective is to strengthen Solvay’s position in the logistical chain of fluorinated products in China, by offering greater proximity to customers, and to allow Solvay to benefit from the enormous growth potential of this dynamic region.
Source: Sino-Belgian Trade and Investment Portal