SolVin to invest E50 mln to redeploy vinyls production

13-May-06
SolVin has invested EUR 50 million to redeploy its manufacturing activity on a limited number of sites where production capacity will exceed 300,000 metric tpa each. Solvay owns 75% of SolVin and BASF holds the remaining 25%. SolVin combines the competences of Solvay and BASF in the European vinyls sector. The joint venture has operations in France, Germany, Spain and the Benelux countries and a total annual production capacity of 1.3 million tons of PVC. This decision follows the closing of SolVin's vinyl chloride monomer (VCM) and polyvinyl chloride (PVC) plants in Ludwigshafen, Germany, which ceased to operate on January 1, 2006 without causing any forced redundancies. Operations previously carried out in Ludwigshafen have been transferred to SolVin's sites at Martorell (Spain), Jemeppe-sur-Sambre (Belgium) and Rheinberg (Germany). The redeployment involved the implementation of more competitive production technologies using larger autoclave units and various process improvements. SolVin ensured seamless supply of its customers during the transfer operations and continues to offer logistic solutions as well as security of supply from its three plants, spread throughout Europe.
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