Solvay Indupa S.A.I.C. of Buenos Aires will invest US$45 million to expand capacity of its PVC and vinyl chloride monomer lines in Santo Andre, Brazil. The company announced the decision April 9, in a release to the Buenos Aires stock exchange.
PVC production capacity will increase from 522 million pounds per year to 590 million pounds per year. Capacity for vinyl chloride, a raw material used to produce PVC, will go from 343 million pounds to 595 million pounds per year. Both line expansions will be operational by late 2005.
Solvay Indupa is a subsidiary of Brussels, Belgium-based Solvay SA. The subsidiary also makes PVC resins in Bahia Blanca, Argentina, with annual production of roughly 470 million pounds.