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Inovyn to open potassium hydroxide plant in Antwerp, Belgium

September 30/2015
MOSCOW (MRC) -- European PVC producer Inovyn is planning to open a potassium hydroxide (KOH) production facility, with an annual production capacity of 160,000t, at its Lillo site in Antwerp, Belgium, said Chemicals-technology.

The construction of the new plant will be completed by the end by 2017. Inovyn has already started working on the project, which includes key additional site infrastructure and procurement of major plant items.

"Through this project Inovyn is leading the way in providing continuity of supply to customers." Inovyn operations director Jean-Michel Mesland said: "This is a very exciting project for INOVYN and we are delighted with progress made so far.

Inovyn's Antwerp site directly offers chlorine, which is co-produced with KOH through pipeline to its customers.
Inovyn is an equal joint-venture combining Ineos' and Solvay's chlorvinyls activities, formed in July this year.

The company has an annual turnover of more than EUR3.5bn, and a workforce of around 4,300 employees in manufacturing, sales and marketing operations in ten countries across Europe. Inovyn produces more than 40 million tonnes of organic chlorine derivatives, chlor alkali, general purpose vinyls, and specialty vinyls per year.

Recently, Inovyn announced the closure of its PVC production facility at their Schkopau site in Germany. Since December last year, Schkopau's production had been suspended after the expiry of the supply contract with DOW.

Inovyn promised to continue supply for the customers previously supplied from Schkopau by sourcing PVC from other production sites.

Inovyn Schkopau site managing director Jeff Seed said: "It is extremely disappointing that we have been unable to agree a competitive long-term supply contract with DOW.

As MRC informed earlier, Solvay and INEOS announce the start-up of their Joint Venture INOVYN, a world-class competitive player in chlorovinyls.

Headquartered in London, INOVYN has pro-forma sales of more than EUR3 billion, with 4,300 employees and assets across 18 sites in Belgium, France, Germany, Italy, Norway, Spain, Sweden and the UK.  Governance of the Joint Venture is equally split between the partners.
Author:Anna Larionova
Tags:PVC, BASF, Ineos, Inovyn (Ineos ChlorVinyls), Solvay, Solvin.
Category:General News
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