INOVYN to expand General Purpose PVC production at Jemeppe Site, Belgium
INOVYN has today announced its intention to increase production of general purpose PVC at its Jemeppe Site, Belgium.
The new investment, which will deliver a further 200ktes 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.”
The announcement was made during a visit to Jemeppe Site by Minister-President of Wallonia Willy Borsus.
Commented Minister-President Borsus: “INOVYN’s ambitious plans are very welcome news and a further demonstration of the Company’s long-term commitment to innovation. I was very impressed to see the Company’s state-of-the-art RT&E Centre at the Site, which underpins the Company’s European growth programme.”
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.”
Categories
Chemical substances
Countries
Companies
Latest news
PureCycle’s First Plastic Recycling Plant in Europe located in Antwerp-Brugges NextGen District, Belgium
The new plant is expected to have an annual capacity of 59,000 metric tons, with opportunities to expand operations with an anticipated total capacity of approximately 240,000 metric tons per year.
CABB site in Kokkola, Finland: vital growth with a focus on sustainability
CABB Group will invest more than EUR 50 million by 2025 in expanding its facilities at its site in Kokkola, Finland. A new office building is also being constructed. Special attention is being pai...
TotalEnergies commissions BioBéarn, the country’s largest anaerobic digestion unit in Mourenx, France
The project will convert 220,000 metric tons of organic waste into 200,000 metric tons per year of digestate, a natural fertilizer, and 160 GWh of biomethane. This new unit allowing to avoid the em...
Borealis, committed to lead the transformation to a circular economy, acquires a majority stake in Renasci’s Ostend facility, Belgium
Borealis increases its financial investment in Renasci to acquire a majority shareholding position of 50.01%. Investment will provide Borealis increasing access to chemically recycled feedstock, st...