Solvay has signed an agreement with BAKER HUGHES to partner on innovative solutions implementing THERMOPLASTIC COMPOSITE MATERIALS in offshore flexible pipes and risers for the oil and gas industry. Solvay’s expertise in composite materials and leadership and innovation in polymers, combined with Baker Hughes’ expertise in oilfield equipment will help accelerate the adoption of composite technology in the oil and gas industry. Thermoplastic composites are enabling the adoption of flexible risers for ultra-deep waters while requiring lower total expenditure than conventional technologies.For identifying growth opportunities in the thermoplastic composites market, please visithttp://www.lucintel.com/thermoplastic_composites_market_2016_2021.aspx
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