RusVinyl Ltd. is in talks with regional authorities about the creation of a major industrial park for processing PVC into products such as pipe and window profiles in Dzerzhinsk.
RusVinyl, a joint venture between Brussels, Belgium-based SolVin GmbH and Moscow-based petrochemicals company Sibur LLC, also recently received a green light from the European Union’s competition authorities on its PVC resin manufacturing plans.
RusVinyl, which plans a 650 million-euro ($1 billion) capital investment in Russia, aims to establish Russia’s first world-scale integrated vinyl resin plant, with a capacity of 330,000 metric tons (727.5 million pounds) per year at Kstovo, Russia. The complex, due for launch in 2010, also will have caustic soda capacity of 225,000 tonnes (496 million pounds) per year.
