APIC ’07: India faces 400,000 tonne PVC shortage

18 May 2007 09:44  [Source: ICIS news]

TAIPEI (ICIS news)--There is set to be a 400,000 tonne shortage of polyvinyl chloride (PVC) in India in 2008 due to the lack of availability of the feedstock vinyl chloride monomer (VCM), the country’s Chemicals and Petrochemicals Manufacturers’ Association (CPMA) said on Friday.

 

Demand for polyvinyl chloride (PVC) in India was estimated to climb from 1.35m tonnes/year in 2007 to 1.42m tonnes/year in 2008, a CPMA spokesman said at the Asia Petrochemical Industry Conference in Taipei.

 

No new capacity is planned due to the lack of VCM. Even though the country has the potential to produce more than 1m tonnes of PVC per annum, full output is not utilised due to the lack of the VCM feedstock.  

 

The PVC production deficit was 156,000 tonnes in 2006, with 71% of imports arriving from northeast Asia.

 

 

By: Jane Gibson
+44 20 8652 3214

< previous article(VIDEO - ICIS news Europe Lunchtime Bulletin 27 October 2009)

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly