BENVIC
PVC compounder expands recyclate capacity
By Plasteurope.com staff
One and half years after its takeover of French PVC compounder Benvic (Chevigny; www.benvic.com), holding company International Chemical Investors Group (ICIG, Luxembourg; www.ic-investors.com) has announced first investment plans. The compounder also said it is operating under a new motto and is renaming all previously acquired subsidiaries to Benvic.
One and half years after its takeover of French PVC compounder Benvic (Chevigny; www.benvic.com), holding company International Chemical Investors Group (ICIG, Luxembourg; www.ic-investors.com) has announced first investment plans. The compounder also said it is operating under a new motto and is renaming all previously acquired subsidiaries to Benvic.
 Shredded PVC in Benvic’s production (Photo: Ereplast) |
The motto, “Redesigning plastics. For good” aims to emphasise the focus on more sustainable products, underscored by the expansion of PVC recyclate capacity at what was once Ereplast, now Benvic Recycling. In response to a Plasteurope.com query, a company spokesperson said plans are to double the current output of 3,500 t/y at Porcieu-Amblagnieu, France, by the end of the year. The company did not disclose the amount it plans to invest.
Benvic operates eight production plants – six in Europe and two in the US – with a total staff of 630. It reported turnover of around EUR 500 mn in 2022.
— Translated by Heather Arnest Liesch
30.05.2024 Plasteurope.com [255415-0]
Published on 30.05.2024
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