Home / Knowledge / News / Textiles / Solvay & Shanghai 3F in JV to produce fluorinated polymers
Solvay & Shanghai 3F in JV to produce fluorinated polymers
14
Nov '13
Solvay and Shanghai 3F New Material Co.,Ltd. announce that they have agreed to establish a production joint venture in Changshu (Jiangsu province, China) to serve the fast-growing Asian market with high performance fluorinated polymers.

The joint venture for the production of fluoromonomer TFE and PTFE polymers will be held 80 percent by SH3F and 20 percent by Solvay. SH3F will contribute its TFE and PTFE production plant, while Solvay will contribute a cash payment and license its PTFE proprietary technology. SH3F will operate the joint venture's production plant.

In addition, the two companies will establish a long-term supply agreement of raw materials for production of fluorinated polymers: SH3F's Changshu plant will supply Solvay's Specialty Polymers adjacent production unit with the strategic raw materials 142b and HFP.

These supplies will enable the Specialty Polymers business unit to produce a larger and richer fluoro-polymer product mix for use in markets such as automotive, photovoltaic, Li-ion batteries, membranes for water purification and oil & gas applications.

SH3F and Solvay's plants are currently under construction at the Changshu site. The TFE/PTFE production plant of the joint venture will be completed by the first quarter in 2014. Solvay's new fluoropolymer production plant is expected to be completed in phases throughout 2015.

"The agreement with SH3F will allow us to capture significant growth potential in the region, and China in particular," said Augusto Di Donfrancesco, President of Solvay Specialty Polymers.

"Moreover, Solvay's new plant will become the most complete and versatile production facility of the Specialty Polymers business unit, creating a platform for the future development of fluoropolymers to help meet demand from a growing middle class and growing use of energy."

"The alliance with Solvay on special fluorinated polymers will complement both parties' advantages in terms of technology and resources and will further upgrade the product quality of Shanghai 3F F-polymers to better serve the growing domestic and international high-end market demand of fluorinated plastics," said Jian Jin, General Manager of Shanghai 3F New Materials Co. Ltd. "With this great opportunity, we are looking forward to enhance the collaboration of both parties in other areas that will be mutually beneficial to both of us."

Solvay


Must ReadView All

May 31 deadline for registration of chemicals under REACH

Textiles | On 23rd May 2018

May 31 deadline for registration of chemicals under REACH

May 31 is the final deadline for companies to register all chemicals...

US cotton production projected to decline in 2018: USDA

Textiles | On 23rd May 2018

US cotton production projected to decline in 2018: USDA

US cotton production is forecast at 19.5 million bales, nearly 7 per...

Pakistan's textile exports up 8.13% in July-April FY18

Textiles | On 23rd May 2018

Pakistan's textile exports up 8.13% in July-April FY18

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search