March 20, 2008 06:00 ET

Chlor-Alkali Investments in China "Caust"-ing $2 Billion in 2008, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - March 20, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- As China's economy rolls into the close of the first quarter of 2008, the chlor-alkali segment of China's Chemical Processing Industry (CPI) will see 28 projects worth an estimated $2 billion begin construction this year. This is a paralleled investment by China to take over the polyvinlyl chloride (PVC) market by 2010. Twenty-three of the projects will focus on the production of caustic soda, a highly corrosive material that is used in the manufacture of textiles, soaps, bleach, petroleum products, solvents, plastics and in wastewater treatment, among others.

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