Lubrizol (Wickliffe, Ohio / USA; www.lubrizol.com) plans to build a resin and compounding production plant in Deer Park, Texas / USA. The specialty chemicals manufacturer said the USD 125m (EUR 96m) project will serve building and construction customers on a global basis.

The project, which is expected to be operational by Q4 2014, is the first step in Lubrizol’s multi-phase expansion plan for chlorinated PVC (CPVC). The company said it predicts continued strong global growth in its CPVC business, with particularly strong demand in India and other developing economies. In India, for example, Japanese chemical group Kaneka last year entered into a joint venture for a new CPVC plant in Dahej / Gujarat (see Plasteurope.com of 12.12.2011)

Located next to Lubrizol's existing Deer Park additives facility, the new chlorinated PVC plant will take advantage of existing infrastructure and expertise, the company said. “Additional site benefits include its close proximity to the Gulf shipping channel and direct access to pipeline chlorine,” it added. Details of the planned capacity volume were not disclosed.