Partnership to Expand Use of Solvay Polymers in fast-growing Thermoplastic Composites Market

Brussels, January 14, 2014 ---Solvay Specialty Polymers confirmed today that it has closed a major strategic investment in Aonix Advanced Materials Corp. and acquired a minority stake in the company. The investment lays the foundation for a partnership that will be a leader in the fast growing market for thermoplastic composites.

"Investments of this size are rare in our industry,"said Jerome Le Corvec, president and CEO of Aonix Advanced Materials Corp."Solvay's investment is a significant endorsement of our technology. Aonix is setting new standards for thermoplastic composite performance and manufacturing productivity, on the same platform."



The companies' partnership will provide Aonix with ready access to Solvay's extensive portfolio of polymers and world class expertise to help expand the range of applications possible for customers of Aonix' UltraMaterials™ Solution. The UltraMaterials™ Solution is the industry's first and only turnkey solution for the mass production of ultra high performance thermoplastic composites (UHPC) for the consumer electronics, sporting goods, automotive, aerospace and energy markets. The investment was previously announced at the 19th International Trade Fair for Plastics and Rubber Worldwide in Düsseldorf, Germany.

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