28 November 2012 08:49 [Source: ICIS news]
TOKYO (ICIS)--Japanese chemical producer Sekisui Chemical plans to build a new 7,000 tonne/year chlorinated polyvinyl chloride (CPVC) plant in Shunan, Yamaguchi prefecture, the company said on Wednesday.
The project will boost the company’s total CPVC capacity at the site to 40,000 tonnes/year from 33,000 tonnes/year, Sekisui Chemical said in a statement.
Construction of the new unit is expected to be completed by the summer of 2013, the producer said without stating a specific month.
The company is bullish on demand for the product as metal pipes for homes and factories in South Asia and the Middle East have increasingly been replaced by heat-resistant CPVC pipes in recent years.
In addition, CPVC demand is also robust for construction purposes, associated with the economic growth in these regions, it said.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections