Solutia Expands Presence in China
Year:2007 ISSUE:29
COLUMN:PROJECT NEWS
Click:213    DateTime:Oct.16,2007
Solutia Expands Presence in China       

On September 21st, 2007, Solutia Inc. (OTCBB: SOLUQ) celebrated the grand opening of its new plant in Suzhou, China.  The plant is a manufacturing site for the company's Saflex business.  Saflex is the world's leading producer and seller of polyvinyl butyral (PVB) interlayers.  The Suzhou plant site is ideally suited for future expansion of Saflex and for other Solutia businesses.
   "Solutia is committed to growth in China, and this new plant is a very significant symbol of that commitment," said Jeff Quinn, chairman, president and CEO of Solutia Inc.  "While Solutia has made a number of major capital investments in its businesses through the years, this is the first entirely new plant we have built from the ground up.  We will continue to devote substantial resources to seizing the growth opportunities in China across each of our businesses."
   The plant has been developed as a full-scale facility that currently produces Saflex interlayer for the automotive market, with room for future capacity to serve the architectural market as well.  The current manufacturing line is designed to produce approximately 10 million square meters of Saflex interlayer per year, with space for further expansion as market growth requires more capacity.
   With 80 years of experience in developing glass interlayers, Saflex is the world's largest producer and seller of PVB interlayers, and is known as the global leader in PVB innovation, quality and reliability.