Abstract
Three European chemical makers are investing a combined $100 million-plus in U.S. production of specialty polymers. Taken together, the projects are a sign that the U.S. is a preferred investment location for more than just ethylene crackers and other basic chemical plants. Solvay is spending $85 million to build a grassroots polyether ether ketone plant in Augusta, Ga., and expand output at an existing facility in Panoli, India. The project will add more than 2,500 metric tons of capacity for the high-performance polymer by mid-2016, according to Solvay. Arkema will build a facility in Mobile, Ala., for polyether ketone ketone, a high-performance polymer the firm debuted in 2013. Arkema says the plant will open in the second half of 2018. At the same time, the company plans to double capacity at its existing facility in France. And focusing on a lower-end polymer used in coatings and adhesives, Wacker Chemie will ...
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