07/30/2012

www.gupta-verlag.de/rubber

Solvay and Rhodia on expansion course in Asia

In addition, Solvay is building a new EUR 120 million production plant for fluorinated polymers at its industrial site in Changshu, to meet growing demand in Asia in end-use markets such as automotive, photovoltaic, Li ion batteries, membranes for water purification, and oil and gas applications. The new plant is scheduled to be operational early 2014.Furthermore, the separate Solvay and Rhodia R & D facilities in Shanghai will be combined into one world-class R&D centre at Rhodia's campus in the Xinzhuang industrial zone. A new EUR 4 million building will be added to the existing research centre with two full floors dedicated to polymer formulation and processing, including an injection moulding facility for customer trials.
In 2011, Solvay acquired Rhodia for approximately EUR 3.4 billion.

www.gupta-verlag.de/rubber