Solvay (Alpharetta, GA) has announced that it is building a new PEEK (polyether etherketone) production unit at its specialty polymers site in Augusta, GA. The unit is expected to come on stream in mid-2016. Combined with the expansion already underway at the company's site in Panoli, India, the initiative will raise its total global PEEK neat resin production capacity to more than 2,500 metric tons.
Solvay says that it will invest more than $85 million in the two expansions, a down payment on its long-term commitment to keep pace with growing demand for its KetaSpire PEEK and AvaSpire PAEK materials. These polymers play a role in lightweighting, reducing energy consumption and enhancing performance in healthcare, electronics, oil and gas, aeronautics and automotive applications.