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%.
The NPRA meeting began on Sunday and runs through Tuesday
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