Capacity expansion of Specialty PVC at Mexichem’s VESTOLIT Subsidiary in German Plant is running

VESTOLIT GmbH, a 100% subsidiary of Mexichem, announced today that the capacity expansion published in May 2015 at the Mexichem Marl, Germany plant started up. Initial product runs have been completed and the test analysis has confirmed all quality standards and product specifications have been met.

This additional expansion investment establishes the largest production site for Specialty PVC worldwide. With this expansion, Mexichem has a new production line at the Marl, Germany site with an additional drying capacity of 40 kt Paste-PVC.

VESTOLIT GmbH is Europe’s only manufacturer of High Impact Suspension PVC (HIS-PVC) for weather-resistant windows and is one of Europe`s leading producer of paste PVC for floors and wallpapers, among others. VESTOLIT also produces Chlor-alkali and its derivates used for a variety of chemical and industrial applications and is vertically integrated in a single site from salt through Specialty PVC. VESTOLIT is integral part of the Business Group Vinyl of Mexichem.

About Mexichem
Mexichem is a worldwide leader in plastic pipes, and one of the largest chemical and petrochemical companies, with more than 50 years of experience in LatAm. The Company contributes to the development of the countries by delivering an extended portfolio of products used in high growth sectors such as infrastructure, housing, telecommunications, drinking and potable water in Mexico, the USA, Europe, Asia, Africa (South Africa), Middle East (Oman), and LatAm. The Company has annual revenues of US$5.6 billion, and has been traded on the Mexican Securities Exchange for more than 30 years.