17 December 2010 19:25 [Source: ICIS news]
Solvay initially planned to invest $135m (€103m) in the unit, which could start production early in 2012.
Solvay expects to have the final project investment approved in the next couple of months, the company added.
The new PVC plant would have a production capacity of 60,000 tonnes/year of green ethylene produced from sugarcane, the company said.
Solvay would then produce an identical volume of PVC using the sugarcan-based feedstock.
Also in 2012, petrochemical giant Braskem plans to start up operations at a PVC plant in Alagoas.
Brazil’s installed capacity of PVC is currently around 800,000 tonnes/year, according to industry data.
($1 = €0.76)
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