12 Mar 2015

Solvay at Plastindia 2015 : Polymer Solutions and Specialists to Meet India’s Growing Needs

GANDHINAGAR (Gujarat) India Feb. 5, 2015 – Solvay, one of the leading global chemical companies,is exhibiting its vast range of products and services for the burgeoning Indian economy here at the triennial Plastindia 2015 tradeshow held at a new venue – a state-of-the-art exhibition complex in Gandhinagar (Gujarat)February 5-10.
Although Solvay has been present in India for over five decades, since the year 2000 the company has significantly enhanced its industrial footprint through the global business units Specialty Polymers, Engineering Plastics, Novecare and Special Chemicals activities. Now, with around 1,000 employees and 7 production sites,Solvay is on target to significantly contribute to India’s high growth market need for specialty chemicals.In particular, Solvay’s global Specialty Polymers and Engineering Plastics business units – both conveniently located in Panoli (Gujarat) – have been leading the developments in new and expanded polymer chemistries for customer applications in advanced transportation and automotive, healthcare, electrical and electronics, building and construction, energy and consumer goods industries.
Ever since commissioning its aromatic polyketone resin operations at Panoli in 2008, Solvay Specialty Polymers has progressively built up resin volume. “We recently announced a 25 percent capacity expansion for KetaSpire® polyetheretherketone (PEEK) and we are already underway to reach our target of more than 1,000 tons per year in the third quarter of 2015,” said Amlan Das, Head of Sales and Marketing India for Solvay SpecialtyPolymers. “In addition, the Indian Chemical Council recently awarded our Panoli site Responsible Care®certification, thereby recognizing our dedication to developing and supplying products and services that, throughout
their life cycle, pose minimum risk to human beings and the environment, while best meeting our customer needs,”Das added.
The acquisition of PI Polymer, the engineering plastics business of Indian company PI Industries Ltd., in 2011 further strengthened Solvay’s presence in India. In addition to a manufacturing facility, research and development capabilities, as well as a customer base and a logistics network were acquired. “Until then, we were importing Technyl® polyamide engineering plastics. However, we rapidly expanded the activity and today we have almost doubled capacity and are on target to capture 15 percent of the Indian polyamide compound market by2016,” states Jitender Bharihoke, Commercial Director, Solvay Engineering Plastics.
Furthermore, Solvay Engineering Plastics’ Panoli site achieved ISO14001:2004 accreditation in July 2014. Bharihoke continued, “This was an exemplary team effort as we accomplished this challenging environmental standard in only one year, thereby responding and fulfilling customer requests to accelerate the growth of ourengineering plastics offering in India. Supporting this, we have already embarked on the planting of 500 treesaround the site for further environmental improvements.”