German PVC Production Poised to Rise 20%, an Industrial Info Market Brief

Polyvinyl chloride (PVC) production in Germany is set to post an impressive 20% growth by 2020, as major chemical companies line up expansions at their manufacturing units to meet the growing demand for the plastic polymer. Key players such as Inovyn Chlorvinyls Limited (London, United Kingdom), Vynova Holding SA (Luxembourg City, Luxembourg) and Vinnolit Company (Ismaning, Germany) are investing nearly $110 million in plant-expansion projects to increase their PVC and vinyl chloride monomer production. Industrial Info is tracking 170 capital Chemical Processing projects in Germany worth more than $1.3 billion.