Shin-Etsu Chemical Co. Ltd. has completed expansion at Shin-Etsu PVC B.V. in The Netherlands, the Group's European production and sales base for PVC. Shin-Etsu PVC B.V. is Shin-Etsu Chemical's 100%-owned Group company that began production and sales from January 2001 after the acquisition of the VCM/PVC business owned by Shell Chemical Ltd. and Akzo Nobel Chemical NV.
The expansion undertaken at 50 million Euros has increased capacity of Shin-Etsu PVC's Pernis Plant (near Rotterdam) from 350,000 to 450,000 tpa, earlier than the scheduled completion date of October 2006. With this expansion, Shin Etsu's total global PVC production capacity has now reached 3.24 million tons. The PVC expansion has been planned to meet anticipated strong growing demand for PVC in Europe for pipes used for water and sewage systems and window frames that require insulation properties as an energy-saving measure. Shin-Etsu PVC had expanded its VCM (vinyl chloride monomer) production capacity from 500,000 to 620,000 tpa in November 2003.
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