India’s DCM Shriram to expand PVC, caustic soda capacities
DCM Shriram also announced plans to expand its current 450,000 tons/year caustic soda capacity by a total of more than 180,000 tons/year in phases.
Accordingly, the company’s caustic soda capacity at its Kota facility will be boosted by a total of around 60,000 tons/year, with half of that due to come on-stream in Q3 2019 and the other half in Q3 2020. The company will also add around 120,000 tons/year to its caustic soda capacity at its Bharuch facility by Q1 2020.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- PP, PE already back to 2020 lows in China; prices poised for further drops
- Local PE prices remain bearish, nearing multi-year lows across SE Asia
- European PP, PE buyers sideline ahead of further drops in June
- China’s April PE imports fall to around 1 million tons, lowest since 2018
- Vietnam’s polymer markets buckle under an influx of Chinese cargoes
- Divergence grows between Egypt’s import and local PP, PE markets
- PP markets in China, Vietnam hit 3-year lows, readying to test new lows
- African PE, PP markets extend slide into May
- Asian PS, ABS markets at 2½-3-year lows amid Chinese oversupply
- India’s Q1 PVC imports hit record-high; did buyers rush to stock up before expected restrictions?