Ercros S.A, Formosa Plastics Corporation, ANWIL S.A. (Subsidiary of PKN ORLEN S. A.) are Dominating the Europe PVC Compound Market in 2019

Europe PVC Compound Market is expected to grow with the CAGR of 2.6% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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PVC compound market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments owing to favourable market scenario.

The major players dealing in PVC compound market are introducing strong range of product portfolio. This helped company to maximize the sales with enhanced product portfolio. For instance, in March 2018, Ercros S.A have decided to increase the production capacity. The new production plant was opened in Vila- seca for the production of chlorine and PVC compounds. It has helped the company to expand its product portfolio and to increase its customer base.

Ercros S.A is the dominating player in Europe PVC compound market. The other key players existing in the market includes Création Agence B-WONDER, Yangzhou Kaier Chemical Co., Ltd., Wofoo Plastics Limited, zhonglianChemicals, Dörken GmbH & Co. KG, Westlake Chemical Corporation Orbia, Formosa Plastics Corporation, Teknor Apex, INEOS, MESGO SpA, GEON Performance Solutions, AMERICHEM, Ercros S.A, ANWIL S.A., Tekni-Plex, Roscom Inc., RTP CompanyCrown General, PCW GmbH, Çermikler, The Hexpol group of companies, SCG Chemicals Co., Ltd., NAN YA PLASTICS CORPORATION, RIKEN TECHNOS CORP, Mitsubishi Chemical Corporation, and Shin-Etsu Chemical Co., Ltd., among others.

Ercros S.A

Ercros S.A headquartered in Barcelona, Spain which was founded in 1989. The company is engaged in manufacturing of intermediate chemicals, derivatives and pharmaceuticals. The company business segments and product categories are chlorine derivatives division, intermediate chemicals division, pharmaceuticals division. Market focused business segment is chlorine derivatives division.

The company has wide global presence across the globe such as Asia-Pacific, Europe, Saudi & GCC, U.S., and Middle East & Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Derivados Forestales SA (Spain) and Agrocros S.A. (Spain).

• In March 2018, Ercros S.A had decided to increase the production capacity of chlorine and soda plant located at Vila-seca I factory, Barcelona. The expansion helped in development of the caustic soda and PVC markets of the company thus generating a huge amount of revenue in the PVC compound market.

Formosa Plastics Corporation

Formosa Plastics Corporation is headquartered in Taiwan, China which was founded in 1954. The company is engaged in producing PVC resins, VCM, caustic soda, hydrochloric acid, MBS, HDPE, EVA/LDPE and LLDPE. The company has business segments which are plastic division, polypropylene division, polyolefin division, tairylan division, chemistry division and others divisions among which plastic division is market focused segment. The company product categories are plastic, chemicals, fiber materials, electronics and others. In which market focused segment is plastic.

The company has global presence in Asia-Pacific, Germany. In addition to it, the company also generates its revenue from the various subsidiary companies such as Formosa Petrochemical Corporation (U.S.), Formosa Plastics Corp., U.S.A (U.S.), Formosa Heavy Industries Corp (Taiwan), Formosa Sumco Technology Corp., (Taiwan) among others.

• In December 2017, Formosa Plastics Corporation had announced to expand the PVC production in Louisiana and plant will be started in 2020. This helps the company to increase the share in the PVC industry.

ANWIL S.A. (Subsidiary of PKN ORLEN S. A.)

ANWIL S.A. (Subsidiary of PKN ORLEN S. A.) founded in 1966, has headquartered in Bydgoszcz, Poland. The company is engaged in manufacturing of chemicals, plastics and fertilizers. The company offers its product in different categories such as fertilizers, chemicals, and plastics. The company has only presence in Poland.

• In April 2018, ANWIL S.A. was honoured by RBF (Responsible Business Forum) on account of its initiative taken to benefit the local community, employees, for protection of the environment and building good relations with stakeholders. This will help the company in enhancing the brand image in the community.