02 October 2007 09:39 [Source: ICIS news]
BERLIN (ICIS news)--India's second largest polyvinyl chloride (PVC) producer Finolex Industries plans to double its PVC pipes capacity to 200,000 tonnes/year by 2010, a senior company official said on Tuesday.
"The pipes segment accounts for 70% of total PVC consumption in ?xml:namespace>
The expansion would be carried out in phases over the next three years, Dhanorkar said.
Finolex currently operates a 100,000 tonne/year PVC pipes plant at Ratnagiri in Maharashtra in western
"As part of the expansion, we are also looking to build a new pipes facility in northern
PVC feedstock for the expansion would be provided by Finolex's 260,000 tonne/year PVC plant at Ratnagiri.
"We think downstream integration gives us a strong competitive advantage," said Dhanorkar.
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