Solutia expands Asian manufacturing capacity with selected asset acquisition of Aimcore Technology

Facebook
Twitter
LinkedIn
Reddit
Email

Following its 2010 acquisition of Singapore-based Novomatrix, Solutia’s performance films unit will be expanding its manufacturing capacity with the purchase of selected assets of Taiwan-based conductive film manufacturer Aimcore Technology. The US$7 million deal will allow Solutia to increase its manufacturing capacity in Asia while also multiplying its Flexvue film component production. The escalation in Solutia’s production capacity is anticipated to be on-line during the second half of 2011.

“This acquisition will strengthen Solutia's position at the forefront of the high-technology electronic films market and bolster the company's ability to meet growing demand for our products in the Asia-Pacific region,” said Jeffry N. Quinn, chairman, president and chief executive officer of Solutia. “Solutia continues to execute its clearly charted strategy of using bolt-on acquisitions to support the growth of our existing businesses, focusing on high-value specialty materials and high-growth markets.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Read Next

September 8, 2025
German inverter manufacturer SMA Solar is to restart US manufacturing for the first time in ten years.
September 8, 2025
Euclid Power has raised US$20 million Series A round led by Venrock to develop AI-driven platform and services for renewables. 
September 8, 2025
Georgia Power has certified five new solar power purchase agreements (PPAs) within its borders, for a combined capacity of just over 1GW.
September 8, 2025
Elmya Energy and Atlantica have formed a joint venture to develop 4GW of utility-scale renewable energy projects in the US. 
September 8, 2025
France has awarded 971MW of ground-mount solar capacity, to 165 projects, in the eighth round of the PPE2 PV tender.
Premium
September 8, 2025
Analysis: The first new product in Nextracker's eBOS portfolio aims for greater standardisation and speed of installation.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines