Solutia Establishes New Photovoltaic Business for Thin-film Solar Panels

摘要

St. Louis-based Solutia Inc. has established a Saflex~R photovoltaic business to serve the rapidly growing market for thin-film solar panels. "As energy demand and public policy drive the rapid adoption of renewable energy, the global market for thin-film solar panels is growing at a rate of 40 percent per year," says Jeffry N. Quinn, chairman, president and chief executive officer of Solutia. "Our Saflex business is the world's leading producer of polyvinyl butyral (PVB) in-terlayer, which is emerging as the en-capsulant of choice in the thin-film solar panel market. Within the next 7 to 10 years, our Saflex business expects to build photovoltaic into a third major market, which will be comparable in size to its traditional architectural and automotive markets."