THAILAND: Lubrizol receives necessary approvals for Thai CPVC venture with Sekisui

Lubrizol said the partners will invest about USD 50-million to build a 30,000-t/y CPVC resin plant in the first phase. This phase, for which a specific location was not given, is expected to be fully operational by late 2014 or early 2015.

A second phase will double capacity to 60,000 t/y with a further USD 50-million investment and is scheduled to begin production by the end of 2016.

Source: Weekly "PetroChemical News", Durham, NC, USA; 2 June 2014
(Syed Rashid Ali, Karachi, Pakistan)