17 September 2018
Formed on 1 July 2015, INOVYN is a vinyls producer
that ranks among the top three worldwide.
With an annual turnover in excess of €3.5 billion,
INOVYN has more than 4,300 employees
and manufacturing, sales and marketing operations
in eight countries across Europe.
Our portfolio consists of an extensive range
of class leading products arranged across
General Purpose Vinyls, Specialty Vinyls,
Organic Chlorine Derivatives,
Chlor Alkali and Electrochemical & Vinyls Technologies.
Annual production volumes are
in excess of 40 million tonnes.
Value creation through excellence.
Through our General Purpose Vinyls business,
INOVYN offers the most complete product portfolio
available to market.
With reliable and highly integrated production facilities
across Europe, INOVYN’s General Purpose Vinyls
serve key industries including
building; construction;
electronics; and packaging,
whilst also driving global mega trends
in food protection;
water and energy saving;
and the wider sustainable economy.
We are also at the forefront of sustainability with our
a partnership with Serge Ferrari,
which offers recycled vinyls solutions.
DETAILS
INOVYN has today announced its intention
to increase production of general purpose PVC
at its Jemeppe Site, Belgium.
The new investment, which will deliver
a further 200ktes of capacity at the Site,
is to meet growth in demand across
the building and construction, electronics,
packaging, food protection,
water and energy sectors.
The first phase of the expansion programme
is to be operational in 2020.
This is in addition to an ongoing investment
to increase specialty PVC production at Jemeppe,
which forms part of INOVYN’s previously
announced pan-European growth strategy.
These major investments will be complemented
by an associated step increase in VCM capacity at the Site.
Chris Tane,
CEO INOVYN
“As one of the most competitive manufacturing units in Europe,
these investments will reinforce Jemeppe
as a world-class facility.
“The investment strategy for our PVC businesses,
in which Jemeppe will play a vital role,
will help to accelerate INOVYN’s global growth
whilst reinforcing our leading market positions in Europe.
Our focus is to drive innovation to create
new markets for PVC, and in doing so
deliver global competitive advantage
for our customers across all industry sectors.”
“By the end of the decade, INOVYN will have invested
in the region of €1 billion across its European assets
through a range of safety, sustainability
and innovation-led projects including
its complete transition
from mercury to membrane cellroom production.”
The announcement was made
during a visit to Jemeppe Site
by Minister-President of Wallonia Willy Borsus.
Minister-President Borsus:
“INOVYN’s ambitious plans are very welcome news
and a further demonstration of
the Company’s long-term commitment to innovation.
I was very impressed to see
the Company’s state-of-the-art RT&E Centre at the Site,
which underpins
the Company’s European growth programme.”
PRESS CONTACTS
Muriel Vanschoelandt
E: muriel.vanschoelandt@inovyn.com
T: +32 71 26 8664
Craig Welsh
E: craig.welsh@inovyn.com
T: +44 1928 511528
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