11 February 2013 10:37 [Source: ICIS news]
LONDON (ICIS)--Solvay, through its Novecare business unit, has finalised plans to increase its global derivatised guar production by 40% with the completion of recent expansions in the US and China, the Belgium chemicals firm said on Monday.
Financial and capacity details were not disclosed.
Derivatised guar is a polymer produced from a bean grown mainly in India, from which guar gum, a polysaccharide, is extracted. It is used in various applications including agrochemicals, cosmetics, and oil and gas extraction.
The expanded Vernon, Texas US derivatised guar facility will serve Solvay's customers in the North American oil and gas market, while the increased capacity at the group’s Zhangjiagang site in Jiangsu province, China, will supply its home and personal care customers to meet growing regional demand for high-end hair care products, the company said.
"These expansions represent a significant step in the execution of our 2016 growth ambition," Solvay Novecare president Emmanuel Butstraen said.
Solvay also has a third guar facility in Melle, France.
"With our expansion investments, global footprint and security of supply, we are uniquely positioned to be the preferred provider for our customers," Butstraen added.
Solvay’s Novecare business produces specialty surfactants, polymers, amines, solvents, guar and phosphorus derivatives for the agrochemicals, coatings, home & personal care, industrial manufacturing, and oil & gas industries, it said.
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