Inovyn (London, U.K.; www.inovyn.com) announced its intention to increase production of general-purpose polyvinyl chloride (PVC) at its Jemeppe Site, Belgium.
The new investment, which will deliver a further 200,000 metric tons per year (m.t./yr) of capacity at the site, is to meet growth in demand across the building and construction, electronics, packaging, food protection, water and energy sectors. The first phase of the expansion programme is to be operational in 2020.
This is in addition to an ongoing investment to increase specialty PVC production at Jemeppe, which forms part of INOVYN’s previously announced pan-European growth strategy.
These major investments will be complemented by an associated step increase in VCM capacity at the site.
Comments Chris Tane, CEO INOVYN: “As one of the most competitive manufacturing units in Europe, these investments will reinforce Jemeppe as a world-class facility. The investment strategy for our PVC businesses, in which Jemeppe will play a vital role, will help to accelerate INOVYN’s global growth whilst reinforcing our leading market positions in Europe. Our focus is to drive innovation to create new markets for PVC, and in doing so deliver global competitive advantage for our customers across all industry sectors.”
Concludes Chris: “By the end of the decade, INOVYN will have invested in the region of €1 billion across its European assets through a range of safety, sustainability and innovation-led projects including its complete transition from mercury to membrane cellroom production.”