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(2merkato) -- The Endowment Fund for
Rehabilitation of Tigray is building the first PVC resin plant in Ethiopia with
a capital investment of seven billion birr. The plant will manufacture other
industrial chemicals as well as PVC resin.
The plant will be constructed in Tigray Regional State near on a 48 hectare
plot of land which has large deposits of limestone. It is expected that the
plant will have the potential production capacity of 60,000 tons employing a
method of production that is known as the limestone to calcium carbide to
acetylene route.
It is expected that the plant will save foreign currency and help enhance
domestic manufacturing dependant on industrial chemicals said Girma Alemu,
Finance Manager of Oromia Pipe Factory plc. |
