11 June 2012 11:00 [Source: ICIS news]
LONDON (ICIS)--Thailand-based vinyl and chlor-alkali producer Vinythai, a subsidiary of Solvay, will build a 100,000 tonne/year epichlorohydrin (ECH) plant in ?xml:namespace>
The plant will cost €155m ($194m) to build and should become operational in the second half of 2014. The new plant will make Vinythai the second largest ECH producer in
The Chinese ECH market is expected to grow by 8% on an annual basis and represent 35% of total world demand in 2016, Solvay said. ECH is used as a feedstock for the production of epoxy resins, increasingly used in applications such as corrosion protection coatings as well as in the electronics, automotive, aerospace industry or wind turbine industry, the company added.
Vinythai’s major shareholders are Solvay (58.77%) and
($1 = €0.80)
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