TITLE

TCI buys Solvin German plants and will move them to Egypt

AUTHOR(S)
Jagger, Anna
PUB. DATE
March 2007
SOURCE
ICIS Chemical Business;3/19/2007, Vol. 2 Issue 58, p38
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the purchase of polyvinyl chloride (PVC) and vinyl chloride monomer (VCM) plants from Solvin by Egypt's Trust Chemical Industries (TCI) for relocation from Germany to Egypt. Solvin closed the plants in January 2006, and appointed Industrial Asset Management to locate a buyer for them. TCI will relocate the PVC plant and VCM unit to Port Said, which specializes in the sale of complete chemicals manufacturing facilities. VCM capacity could be raised to about 400,000 tonnes/year.
ACCESSION #
24525196

 

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