MOSCOW (MRC) -- A major PVC producer in Southern Europe, KEM ONE, has recently announced an increase of production capacity of its PVC emulsion unit at its Hernani site in Spain, according to the company's press release.
The extension will make 7,000 tonnes per year of PVC emulsion up to 42,000 tonnes. With this move KEM ONE shows its intention to further develop its strategic specialties business.
Bertrand Jausseme, Kem One's Marketing and Sales Director, said that this expansion would help the company to strengthen its presence in Europe and emerging markets.
When the facility becomes fully operational in 2013 after the extension, KEM ONE's total production volume of PVC emulsion will amount to 112,000 tonnes at its two sites of Saint-Auban, France, and Hernani, Spain.
As part of company's strategy to expand its influence in the European market, KEM ONE is likely to increase its presence in the Russian market. According to MRC DataScope report, over the eleven months of 2012, KEM ONE supplied about 800 tonnes of emulsion PVC to Russia under the brand name of Lacovyl, down 30% from the index of 2011. This was less than 1% of Russia's imports of emulsion PVC last year.
A newly formed company from Arkema’s vinyl products division, KEM ONE, is fully integrated in the vinyl sector. The company will continue its development within the Klesch Group, a leading European operator of industrial and commodity-related businesses. Kem One is Europe’s third-largest producer of PVC with revenues in excess of one billion euros, which already possesses numerous strengths for growing and becoming the integrated vinyl solutions leader in southern Europe and the Mediterranean basin.
MRC