Solvay increases capacity of Hydrogen Peroxide Plant in Finland to meet market potential
Brussels, April 01, 2016 --- Solvay has optimized production technology at its hydrogen peroxide plant in Voikkaa (Finland) and is now ready to raise capacity to meet increasing demand for the product in the Nordic Region and the Commonwealth of Independent States.
The Voikkaa plant produces hydrogen peroxide and peracetic acid, serving customers in the pulp and paper industry in Finland and the neighboring countries. The pulp industry has invested in the past years to expand pulp capacities in the region; further plant expansions and greenfield projects are under consideration.
“Solvay has invested in its Voikkaa plant to improve its competitiveness and accompany the growth opportunities with its customers for hydrogen peroxide in this region,” said Alain Jeanmart, General Manager Europe, Middle East, and Africa for Solvay’s Global Business Unit Peroxides. “Through our strong partnerships in the Nordic Region we offer innovative and sustainable solutions to our customers in many areas such as pulp, paper and aquaculture.”
An international chemical and advanced materials company, Solvay assists its customers in innovating, developing and delivering high-value, sustainable products and solutions which consume less energy and reduce CO2 emissions, optimize the use of resources and improve the quality of life. Solvay serves diversified global end markets, including automotive and aerospace, consumer goods and healthcare, energy and environment, electricity and electronics, building and construction as well as industrial applications. Solvay is headquartered in Brussels with about 30,000 employees spread across 53 countries. It generated pro forma net sales of € 12.4 bn in 2015, with 90% made from activities where it ranks among the world’s top 3 players. Solvay SA (SOLB.BE) is listed on Euronext in Brussels and Paris (Bloomberg: SOLB:BB - Reuters: SOLB.BR).