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China to invest in Bangladesh's first PVC plant

by ChemOrbis Editorial Team -
  • 03/08/2016 (13:55)
According to media reports, Bangladesh’s first local PVC resin facility will be built by a Chinese company.

Wuhuan Engineering Co. Ltd., a wholly owned subsidiary of state-owned China National Chemical Engineering Group Corp., has signed an agreement with Bangladesh’s Virgo Global for the construction of a 200,000 tons/year PVC plant. The company is expected to invest $215 million in the project.

The construction is planned to start this year and become operational by the end of 2018. Once the project is completed, Bangladesh will be able to produce locally instead of relying solely on importing PVC resin.
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