Sibur and SolVin Break Ground on PVC Complex in Russia

摘要

RusVinyl, an equally owned joint venture between Sibur Holding (Moscow) and SolVin (Brussels), has begun construction on a previously announced integrated polyvinyl chloride (PVC) manufacturing complex at Kstovo, Nizhnii Novgorod region, Russia. A recent cornerstone-laying ceremony was attended by Valery Shantsev, governor of Nizhnii Novgorod; Yves Leterme, prime minister of Belgium; Guy Trouveroy, Belgium's ambassador to Russia; Dmitry Konov, president of Sibur; Christian Jourquin, chairman of Solvay; Jacques van Rijckevorsel, chairman of SolVin; and Jean Louis Plumecocq, CEO of RusVinyl, as well as other representatives. The complex, with an estimated total cost of ?800 million ($983.4 million), will be Russia's largest fully integrated PVC plant and it is planned to be operational in 2013.