MOSCOW (MRC) -- Kem One, Europe’s third-largest producer of polyvinyl chloride (PVC) has announced an increase of EUR20/tonne in July prices of suspension PVC (SPVC) grades and mass PVC (MPVC) grades, reported the company in its press release.
Kem One will maintain a strict price policy in order to recover the margins,deteriorated by the weakness of the market for caustic soda.
As MRC informed previously, the company raised its prices of SPVC and MPVC grades by EUR40/tonne in July in order to recover the margins, deteriorated by the weakness of the market for caustic soda.
Kem One, a fully integrated vinyl production company, was established mid-2012 following the acquisition of Arkema's vinyl products division by the Klesch Group. The company employs 2,600 people at 22 manufacturing sites, primarily in Europe but also in Asia and North America. Europe’s third-largest producer of PVC with revenues in excess of one billion euros, Kem One continues to grow and build on its numerous strengths with a view to becoming market leader for integrated vinyl solutions.
MRC