15 May 2012 23:26 [Source: ICIS news]
CAMPINAS, Brazil (ICIS)-- Braskem plans to start up a new polyvinyl chloride (PVC) plant in Brazil by the end of May, according to information made available on Tuesday.
The plant will eventually produce 200,000 tonnes/year of PVC, Braskem’s CEO Carlos Fadigas said.
Currently, Braskem can produce 500,000 tonnes/year of PVC in Brazil.
The plant is located in the city of Marechal Deodoro, in the state of Alagoas.
“In the long term, we expect to reach a market share of 60%”, the executive said.
Fadigas said the infrastructure and construction industries would drive the growth in the PVC market.
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