Solutia Expands Therminol Manufacturing in China
New Facility Doubles Production Capacity for China's Leading Heat Transfer Fluids
ST. LOUIS, Sept. 20 -- Solutia Therminol Co. Ltd., a subsidiary of Solutia Inc. (BULLETIN BOARD: SOLUQ) , has officially opened a new Therminol(R) heat transfer fluid manufacturing facility in Suzhou, China, in a joint venture with Jiangsu Suhua Group Co., Ltd.
More than doubling the production capacity of Solutia's original manufacturing plant, the new facility will support China's rapidly growing market for heat transfer fluids. "This facility will enable Solutia to meet the needs of our current and future customers in China by ensuring that production capacity is aligned with market demand," said Dale Kline, global business director for Specialty Fluids.
Since 1995, Solutia has become China's leading provider of products and services related to heat transfer fluids. "We are extremely pleased with the reception Therminol has received in China. This expansion represents a key component of our global strategy and our long-term commitment to serve our Chinese customers, partners and employees," Kline said.
For its expansion, Solutia selected Suzhou as a location that is well positioned to meet customers' current and emerging heat transfer fluid product, customer service and technical service needs. "Our ability to provide locally produced products and services to the same exacting standards as our other worldwide manufacturing facilities sets Solutia apart," said Sam Yiu, general manager of Solutia Therminol Co. Ltd. "Our expanded production capacity will enhance customers' confidence that they are buying the best high temperature heat transfer fluids in the world."
Demand for Therminol heat transfer fluids has increased steadily in China since production started there 10 years ago. Construction on the newly opened facility began in 2003.
Solutia is the world leader in high temperature synthetic heat transfer fluids, providing more than 40 years of excellence in technical support, customer service, performance and innovation. For more information on Therminol, call 1-800-426-2463, visit http://www.therminol.com/ or send a request on company letterhead to Solutia Inc., Therminol-3S, P.O. Box 66760, St. Louis, Missouri, 63166, USA.
Note to Editor: Therminol is a registered trademark of Solutia Inc. Forward-Looking Statements
This press release may contain forward-looking statements, which can be identified by the use of words such as "believes," "expects," "may," "will," "intends," "plans," "estimates" or "anticipates," or other comparable terminology, or by discussions of strategy, plans or intentions. These statements are based on management's current expectations and assumptions about the industries in which Solutia operates. Forward-looking statements are not guarantees of future performance and are subject to significant risks and uncertainties that may cause actual results or achievements to be materially different from the future results or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Solutia's most recent Annual Report on Form 10-K, under "Cautionary Statement About Forward-Looking Statements," Solutia's quarterly reports on Form 10-Q, and in filings with the U.S. Bankruptcy Court in connection with the Chapter 11 case of Solutia Inc. and 14 of its U.S. subsidiaries. These reports and filings can be accessed through the "Reorganization" and "Investors" sections of Solutia's website at http://www.solutia.com/ . Solutia disclaims any intent or obligation to update or revise any forward-looking statements in response to new information, unforeseen events, changed circumstances or any other occurrence.
About Solutia Inc.
Solutia uses world-class skills in applied chemistry to create value-added solutions for customers, whose products improve the lives of consumers every day. Solutia is a world leader in performance films, producing Saflex(R) and Vanceva(TM) brand polyvinyl butyral interlayers for laminated glass in automotive, architectural and residential applications. Solutia is also a leader in process development and scale-up services for pharmaceutical fine chemicals; specialties such as water treatment chemicals, heat transfer fluids and aviation hydraulic fluid; and an integrated family of nylon products including high-performance polymers and fibers, such as Wear-Dated(R) and Ultron(R) for residential and commercial carpet fibers.