Partnerships to build chemical plants

摘要

To cater to the strengthening chlorinated PVC market, US-based TPU maker Lubrizol is building a new CPVC plant in Thailand through a joint venture with Tokyo-based Sekisui Chemical. The US$50 million Phase 1 project will have a capacity of 30,000 tonnes/year and will be online by 2014. Phase 2 will double the capacity, with an additional investment of US$50 million and start up by end of 2016. It will be Lubrizol's fourth global CPVC plant. Other plants are located in the US and in Belgium; while a US$125 million plant is currently being built in Texas.