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Shin-Etsu to build $1.4bn PVC plant in US

Top global producer aims to solidify position using Trump tax incentives

Lettuce grows in PVC pipes at an urban farm in Singapore. The versatile plastic is widely used in infrastructure projects   © Reuters

TOKYO -- Shin-Etsu Chemical is planning to build a 160 billion yen ($1.43 billion) polyvinyl chloride resin plant in the U.S., aiming to solidify its top global position in production of the material.

The plant will use as a raw material U.S. shale gas-derived ethylene, which is half as expensive as naphtha, which the company currently uses.

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