Shin-Etsu Announces Completion of Shin-Etsu PVC's Expansion Project; Dutch Shin-Etsu Group Company's Total PVC Production Capacity has Increased to 450,000 Tons/year.Tokyo, Japan, Sept 8, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Shin-Etsu Chemical Co., Ltd. has announced that it has completed its expansion of the facilities of Shin-Etsu PVC PVC: see polyvinyl chloride. PVC in full polyvinyl chloride Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide. B.V.,* in The Netherlands, the Shin-Etsu Group's European production and sales base for PVC, and full-scale operation has begun. This expansion increased the production capacity of Shin-Etsu PVC's Pernis Plant (near Rotterdam) from 350,000 to 450,000 tons/year, and it was completed earlier than the scheduled completion date of October 2006. The investment amount for this expansion was about 50 million Euros (about JPY JPY In currencies, this is the abbreviation for the Japanese Yen. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 7.5 billion). This plant expansion was carried out in anticipation of strong growing demand for PVC in Europe in the future for such PVC application areas as in pipes used for water and sewage systems, as well as in applications for such products as window frames that require insulation properties as an energy-saving measure. Previously, Shin-Etsu PVC expanded its VCM VCM Vinyl Chloride Monomer VCM Variable Cylinder Management (Honda) VCM Virtual Channel Memory VCM Value Chain Management VCM Voice-Coil Motor VCM Vehicle Control Module VCM Vignette Content Management (vinyl chloride vinyl chloride or chloroethylene Colourless, flammable, toxic gas (H2C=CHCl), belonging to the family of organic compounds of halogens. It is produced in very large quantities and used principally to make PVC, as well as in other syntheses and in monomer monomer (mŏn`əmər): see polymer. monomer Molecule of any of a class of mostly organic compounds that can react with other molecules of the same or other compounds to form very large molecules (polymers). ) production capacity from 500,000 to 620,000 tons/year in November 2003. Shin-Etsu Chemical is producing PVC using a tripolar production structure -- the U.S., Europe and Japan -- and its total global production capacity has now reached 3.24 million tons with Shin-Etsu PVC's expansion in capacity. Shin-Etsu is currently constructing large-scale integrated PVC manufacturing facilities, from electrolysis electrolysis (ĭlĕktrŏl`əsĭs), passage of an electric current through a conducting solution or molten salt that is decomposed in the process. to VCM, and to PVC, in the State of Louisiana CODE, OF LOUISIANA. In 1822, Peter Derbigny, Edward Livingston, and Moreau Lislet, were selected by the legislature to revise and amend the civil code, and to add to it such laws still in force as were not included therein. , in the U.S., which will increase its U.S. Group company Shintech's PVC production capacity from 2.04 million to 2.64 million tons/year. * Shin-Etsu PVC B.V.: Shin-Etsu Chemical's 100%-owned Group company that began production and sales from January 2001 after the acquisition of the VCM/PVC business owned by Shell Chemical Ltd. and Akzo Nobel Chemical NV. About Shin-Etsu Chemical Co., Ltd. The Shin-Etsu Group offers a broad array of market-leading products in its Organic and Inorganic Chemicals, Electronic materials and Functional Materials and Others businesses. The group has also pursued a global strategy from its early days of selecting the optimal production sites near its main markets and raw materials procurement sources around the world. Shin-Etsu focuses on cultivating businesses with future growth potential that contribute to the advancement of society while achieving consistently favorable results in daily business. For more information, please visit http://www.shinetsu.co.jp/e/ Source: Shin-Etsu Chemical Co., Ltd. Contact: Shin-Etsu Chemical Co., Ltd. Public Relations Dept. Ken Nakamura, or Tetsuya Koishikawa Tel: +81-3-3246-5091 E-mail address: sec-pr@shinetsu.jp Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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