24 September 2007 08:30 [Source: ICIS news]
MUMBAI (ICIS news)--SolVin, a joint venture of Solvay and BASF, plans to build a new polyvinylidene chloride (PVDC) latex production line at its Tavaux site in France to raise capacity by 10,000 tonnes/year, the company said on Monday, in response to growing demand in Asia and the Americas.
"This will provide SolVin with an appropriate competitive position to access the emerging markets in Asia and NAFTA [North American Free Trade Agreement], while capitalising on the huge knowhow and manufacturing excellence of the Tavaux site," said Vincenzo Morici, general manager of Solvay's specialty polymers strategic business unit.
The new production line, which is expected to be operational by mid-2009, would benefit from full upstream integration of raw materials, it added.
PVDC latex is a specialty barrier material used as a coating in packaging applications.
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