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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Sibur and Solvay Confirm Vinyls JV in Russia

6:59 AM MDT | August 7, 2007 | Ian Young

Sibur (Moscow) and SolVin (Brussels) have selected Kstovo, Russia as the location of a previously reported chlor-alkali and polyvinyl chloride (PVC) joint venture (CW, Nov. 22/29, 2006, p. 19). Sibur has also confirmed CW’s earlier report that it will increase capacity at its Kstovo ethylene plant to supply the planned PVC complex. SolVin is a 75-25 jv between Solvay and BASF. Konov: Expecting fast demand growth. Sibur, Solvay, and SolVin signed a contract last month to create a jv company, RusVinyl, to own and operate the planned complex. Sibur and SolVin...

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