Philippines: PVC-Production Philippine Resins Industries to Increase Production Capacity of PVC
Tosoh Group company Phlippine Resins Industries plans to begin construction of additional PVC manufacturing facilities.
Tokyo/Japan — With an overall investment of ¥ 4.2 billion, the company is preparing to increase its polyvinyl chloride (PVC) production capacity. Upon completion, in December 2018, the new facilities are expected to add 110,000 metric tons a year to the company's output and thereby double PRII’s PVC production capacity. Commercial operations are to start in January 2019.
Strong infrastructure investment in the Philippines, primarily in water and sewer systems, is propelling demand in the country for PVC. Demand is particularly robust for PVC pipe and other building materials and is expected to remain so. The Philippines market suffers from a shortage of PVC production capacity. PRII’s heightened PVC production capacity is intended to meet this growing demand and also enable the Tosoh Group to respond to rapidly increasing demand for PVC products throughout Asia.