NPRA ’08: Australian Vinyls looking at expansion

31 March 2008 18:58  [Source: ICIS news]

SAN ANTONIO, Texas (ICIS news)--Australian Vinyls Corp (AVC) has completed a study and is looking at options to raise capacity to increase its market share, a company source said on Monday.

The Melbourne-based polyvinyl chloride (PVC) producer has completed a study and narrowed down options to increasing its plant’s capacity to either 170,000 tonnes/year or 210,000 tonnes/year from the current 140,000 tonnes/year.

“The 170,000 tonne/year option will be more economical but 210,000 tonnes/year will give more value on a per unit basis,” the source said on the sidelines of the 33rd National Petrochemical & Refiners Association (NPRA) meeting.

The capacity expansion, when completed, would raise its domestic market share to 80-85% from 73%.

AVC, which imports vinyl chloride monomer and converts it to PVC through a polymerisation process, was bought over by Wesfarmers’ chemical and fertilizer subsidiary CSBP for $116.7m last year.

The NPRA meeting began on Sunday and runs through Tuesday

For more on PVC and VCM visit ICIS chemical intelligence

By: Abdul Hadhi
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