SOLVAY acquires Ajedium Film Group and expands its competences in specialty films manufacturing

Solvay Solexis, a fully owned subsidiary of Solvay, announces today the acquisition of Ajedium Film Group LLC, a specialty manufacturing company focused in high performance films and thin-gauge extruded sheet products, located in Newark, Delaware, USA. Ajedium developed a broad array of technologies for the conversion of high performance resins into high value films.

Adding film application knowledge to its already strong Specialty Polymers portfolio will contribute to consolidate the leading role of Solvay in the high performance polymer market by serving further the growing needs of Solvay

“Ajedium brings expertise in high performance film manufacturing, state-of-the-art technology, and high level competences and all will nicely complement our strong polymer background,” says Pierre Joris, CEO of Solvay Solexis. “This will help to further adjust our resins and compounds for high quality films, improving our capability to serve the growing requirements of film producers. Our market intelligence shows that Films are one of the strongest growing applications for our resins,” he adds. Solvay

Rick Giacco, one of the former owners of Ajedium, remarks: “Thanks to Solvay’s worldwide presence and strong dedication to innovation, we are confident this activity will be better positioned for further growth. It will remain focused on specialty and custom applications, and increase its presence in the global market.”Solvay

Ajedium Film Group will operationally be integrated into Solvay Solexis, Inc having its headquarters close-by in West Deptford, New Jersey, USA.Solvay