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Markets :: Plastics :: Polyvinyl chloride
Sibur and Solvay Delay PVC Plan by Two Years
2:28 AM MST | January 26, 2009
Completion of a previously announced polyvinyl chloride (PVC) project at Kstovo, Russia by RusVinyl—a joint venture between Sibur-Neftekim and SolVin—will be delayed by two years, to 2012, Sibur-Neftekhim says. Sibur-Neftekhim, a Sibur subsidiary, announced the delay earlier this month when it signed a contract with Technip covering detailed engineering and procurement of equipment for the expansion of an associated ethylene plant (CW, Oct. 20, 2008, p. 19). The delay is the result of a previously announced plan by Sibur to defer investments due to...
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