MOSCOW (MRC) -- INOVYN has started maintenance works at its polyvinyl chloride (PVC) plant at its Jemeppe Site, Belgium, reported NCT with reference to market sources.
The company could not be reached for comments at the time of publication.
According to the company’s website, the Jemeppe site is one of the largest PVC production capacities in Europe with 420,000 tons/year of material supplied to key sectors including building, automotive and piping.
As MRC informed earlier, in April 2016, Inovyn announced intention to undertake major investment to convert its mercury chlorine cellroom at Stenungsund (Sweden) to membrane technology. The project was completed by the end of 2017. Converting the chlorine plant at Stenungsund to the most modern membrane technology forms part of Inovyn’s wider Chlorine Strategy.
According to MRC's ScanPlast report, Russia's overall PVC production exceeded 720,500 tonnes in the first nine months of 2019, up by 3% year on year. At the same time, not all Russian producers raised their output.
Headquartered in London, INOVYN has pro-forma sales of more than EUR3 billion, with 4,300 employees and assets across 14 sites in Belgium, France, Germany, Italy, Norway, Spain, Sweden and the UK. Governance of the Joint Venture is equally split between the partners.
MRC