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Japan Shimbun And Vietnam Start The Phase I Project Of PVC Extension Project In USA
- Jul 27, 2018 -

Shin-Etsu Chemical, the Shin-Etsu Chemical, said on Tuesday that its US subsidiary, Shintech, has begun to build a new integrated plant in pravin, Louisiana, to produce PVC, which is in the first stage of the whole project.

The project is adjacent to the existing pram PVC plant in Xinyue. It will increase the capacity of PVC and 270 thousand tons of caustic soda in the first stage by 640 million pounds (290 thousand tons).

The $1.49 billion investment plan will be completed by the end of 2020.

ICIS reported last year that Shin Yue has applied for a permit to increase pram's PVC production from 1 billion 400 million pounds a year to 2 billion 215 million pounds a year.

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In a statement Tuesday, Xinyue added that raw materials provided by shale gas and shale oil in the United States contributed to the expansion.

Xinyue said that since the completion of the PVC plant in pravin in 2008, the company has expanded and improved its production capacity for the three time and is building an ethylene plant.

The company added that the global PVC capacity is lagging behind, and this trend is expected to continue.

Similarly, the company said that global demand for caustic soda has recently exceeded supply, and this trend is expected to continue.

In the news, an American local media reported that the total contractor in pravin's ethylene plant project in pravin was overspent and cancelled two contracts with a technical supplier. There is no immediate confirmation of the authenticity of the report.

The initial contract of the ethylene plant was awarded to Toyo, Japan's petrochemical engineering company as early as 2015.