By: Satnam Singh
April 19, 2013
MUMBAI — Shanghai Chlor-Alkali Chemical Co. Ltd., a Chinese maker of chlorinated PVC, is setting up a second plant in Shanghai.
The company's current plant there, launched in the fourth quarter of 2012, has annual CPVC capacity of 22 million pounds. That plant became operational in the last quarter of 2012.
The upcoming facility will have total capacity of 176 million pounds of CPVC, implemented in two phases. The plant should be operational by the first quarter of 2015, said general manager He Gang at Vinyl India 2013. The show was held April 12-13 in Mumbai.
In addition to China, the firm is targeting India and the Middle East. The Indian CPVC market is growing 15 percent annually, according to He, who estimates the country consumes about 55 million pounds of CPVC annually.
"The Indian market is dependent on imports as there is no local production of CPVC yet," he said.