Solvay Indupa S.A. plans to invest US$185 million through 2011 to expand production capacity of caustic soda and polyvinyl chloride (PVC) in South America. The company will fund these investments with its own liquidity and with credit lines from development banks.
Solvay will invest a chunk of this investment - US$150 mln in its Brazilian plant of Santo Andre' through 2008. US$35 million will be invested in its Argentine plant of Bahia Blanca.
Solvay Indupa is part of the Belgian group Solvay S.A. (SOLB.BT), and its main competitor in South America is Brazil's Braskem SA (BAK).
30-Aug-06 
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