Brazil's Braskem starts building PVC plant in Marechal Deodoro
06 April 2011 18:58 [Source: ICIS news]
HOUSTON (ICIS)--Brazilian producer Braskem has started building a polyvinyl chloride (PVC) plant in Marechal Deodoro, Alagoas, the company said on Wednesday.
The plant will have a capacity of 200,000 tonnes/year, and operations should start in the first half of 2012, Braskem said. The value of the project is $1bn reais ($621m, €435m).
Braskem already owns a 260,000 tonne/year PVC plant in Alagoas.
The new PVC plant reflects Brazil's growing civil-construction industry, which is demanding more pipe and other products made from the resin, Braskem said.
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($1 = €0.70)
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By: Al Greenwood
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