Chemical company INOVYN has announced plans to invest in an additional 120ktonnes of Specialty Vinyls capacity by the end of 2020. The investment will increase capacity at all five of INOVYN's Specialty Vinyls production units in Belgium, France, Germany, Norway, and Sweden. The company's growth plan will be supported by its Research, Technology & Engineering Centre in Belgium, allowing it to meet the increasing global demand for high-end Specialty Vinyls. INOVYN aims to drive innovation and create new markets for Specialty Vinyls, providing a competitive advantage for its customers.
INOVYN has today announced an ambitious growth plan that will see investment in an additional 120ktonnes of Specialty Vinyls capacity by the end of 2020.
This latest investment will deliver increased capacity at all five Specialty Vinyls production units operated by INOVYN: Jemeppe (Belgium); Tavaux (France); Rheinberg (Germany); Porsgrunn (Norway) and Stenungsund (Sweden).
INOVYN’s growth plan will be facilitated from its world-class state-of-the-art Research, Technology & Engineering Centre at Jemeppe, allowing INOVYN to respond to increasing world demand for high-end Specialty Vinyls.
With well invested and dedicated production facilities across Europe, INOVYN is one of the leading manufacturers of Specialty Vinyls worldwide.
Comments Filipe Constant, Business Director INOVYN: “INOVYN’s commitment to innovation is well recognised around the world. We already have an enviable track record of introducing new products to market at a faster rate than any of our global competitors.
“This ambitious growth plan will further extend our leadership and drive innovation to create new markets for Specialty Vinyls, and in doing so deliver competitive advantage for our customers across all industry sectors.”