Solvay to triple U.S. polyethersulfone output
BRUSSELS, Dec 21 (Reuters)
Solvay said on Tuesday it would nearly triple its capacity to produce polyethersulfone in the United States by investing more than $50 million in a new production unit.
The Belgian chemicals and drugs company said its U.S. advanced polymers unit will build a new sulfone polymers production unit at a location that had yet to be disclosed.
"The new unit ... is expected to be commissioned in 2006," it said in a statement.
Solvay said it wanted to prepare itself to meet growing demand for the material in sectors like automotive lighting, telecommunications and food service.
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