New Technyl® unit in Mexico to support regional and North American customer needs
Solvay has decided to invest in a new Technyl® polyamide compounding unit in Mexico to serve the region’s and America’s growing automotive and consumer goods markets. With initial annual capacity of 10KT, this new facility is expected to become operational in the third quarter of 2017.
Mexico is the second largest producer of automobiles and commercial vehicles in the Americas and is ranked seventh worldwide with annual production exceeding 3,5 million units in 2015*. In addition, many consumer goods and electrical equipment players are located close by, offering new opportunities for Solvay.
“This new plant will help us to support our fast growing Technyl® polyamide business in North America, in addition to our current capabilities,”states Vincent Kamel, President of Solvay Performance Polyamides. Many of the world’s top automotive OEMs are located in the region, which makes it an ideal base for Solvay to serve both local and U.S. markets and contribute with its innovative solutions to cleaner mobility.