India’s Finolex Industries runs PVC plant at 50% on VCM shortage

15 June 2012 09:59  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Finolex Industries is running its 260,000 tonne/year polyvinyl chloride (PVC) facility at Ratnagiri at 50% of capacity because of insufficient feedstock vinyl chloride monomer (VCM) supply, a company source said on Friday.

“We shut one of our 130,000 tonne/year lines on 1 June for three months,” the source said.

Supply of VCM has been disrupted because the company’s private port is closed during the monsoon season, traditionally from June to September, according to the source.

Other major Indian PVC producers include Reliance Industries and ChemPlast Sanmar.

By: Yu Guo
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