Olin starts PVC production: New work in Stade takes up operation!

Olin starts PVC production: New work in Stade takes up operation!

Stade, Deutschland - Olin , a US group with headquarters in Clayton, Missouri, plans its expansion in the field of PVC production and epoxy resin. CEO Kenneth Lane recently presented plans to investors who include working with the French company Kem one . This agreement stipulates that Olin delivers cheap ethylene-dichloride (EDC) from the USA to Europe during the transition period, while Kem One PVC produces for Olin, which is to be sold under its own brand in the USA. This strategic partnership is intended to strengthen Olin's market presence, while the company is working towards building its own PVC plant in Freeport, Texas, which could still take three to five years, as on Kunststoffweb

Another crucial aspect of Olin's project concerns the re-operation of the VCM system in Freeport, Texas, which has a production capacity of 835,000 tons per year. After weeks of still stands due to necessary repairs, production has been running again since August 2023. However, these interruptions of production led to considerable legal disputes with the American PVC manufacturer ShinTech , which is contractually obliged to obtain 50 % of his vinyl chloride monomer (VCM) from Olin. The difficulties occurred when ShinTech was in the deficiency in payment and informed Olin in March 2023 to stop the delivery if the outstanding amount of $ 18 million was not paid. Although this led to a time delay in production and ShinTech had to operate its PVC system with a reduced capacity, Shintech finally agreed to pay in order to restore the necessary VCM deliveries, as well as "https://commoplast.com/news/details/13481/"> Commoplast was.