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01-14-2010

Solvay: Thai Affiliate to Build Epichlorohydrin Plant

Solvay has recently closed the sale to its Thai affiliate Vinythai of all shares in Solvay Biochemical Thailand for a total value of EUR 7 million. This subsidiary of Solvay is now continuing the development of the Epichlorohydrin Project in Map Ta Phut based on Solvay’s innovative Epicerol technology. The Epicerol technology is based on the transformation of glycerin obtained as by-product from the production of biofuels out of vegetable renewable oils. Epichlorohydrin is an essential feedstock for the production of epoxy resins, increasingly used in applications such as corrosion protection coatings as well in the electronics, automotive or aerospace industry.

Total investment is approximately EUR 160 million, including the expansion of the Hydrogen Chloride and Caustic Soda capacity in Map Ta Phut, which is necessary to ensure sufficient supply of raw materials to the Epichlorohydrin plant. The new plant is scheduled to be operational in the first quarter of 2012, with an annual production capacity of 100,000 metric tons.

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