INOVYN has today announced its intention to deliver a major expansion project at Rafnes Site, Norway.
Through the Project, INOVYN will increase VCM capacity at the Site by around 70 ktes a year, which will be used in the production of vinyls at its Porsgrunn, Stenungsund and Newton Aycliffe sites.
The Project will also include investment in an additional 35 ktes a year of membrane ECU capacity to supply caustic soda customers in Scandinavia.
INOVYN has appointed Wood as the principal Engineering, Procurement & Construction Management (EPCM) Contractor for the VCM investment, which includes installation of a new High Temperature Direct Chlorination process area, a new oxychlorination reactor and various debottlenecking activities. The additional VCM capacity is expected to be on line during Q3 2019.
The EPCM contractor for the ECU investment has yet to be decided. It is expected that the additional ECU volumes will be available from Q1 2020.
Comments Filipe Constant, Business Director INOVYN: “This is a strategically important Project for INOVYN that further demonstrates our commitment to continued innovation and the long-term security of supply to our vinyls and caustic soda customers across key industry sectors.”
ENDS
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About INOVYN
Formed on 1 July 2015, INOVYN is a vinyls producer that ranks among the top three worldwide. With a turnover in excess of €3.5 billion, INOVYN has more than 4,300 employees and manufacturing, sales and marketing operations in ten countries across Europe.
INOVYN’s portfolio consists of an extensive range of class leading products arranged across Organic Chlorine Derivatives; Chlor Alkali; General Purpose Vinyls; Specialty Vinyls; and Electrochemical and Vinyls Technologies. Annual production volumes are in excess of 40 million tonnes.
About Wood
Wood is a global leader in the delivery of project, engineering and technical services to energy and industrial markets. Wood operates in more than 60 countries, employing around 55,000 people, with revenues of around $10 billion. It provides performance-driven solutions throughout the asset life-cycle, from concept to decommissioning across a broad range of industrial markets including the upstream, midstream and downstream oil & gas, power & process, environment and infrastructure, clean energy, mining, nuclear and general industrial sectors. Wood strives to be the best technical services company to work with, work for and invest in. www.woodplc.com
