Founded on July 1, 2015
VYNOVA was founded on July 1, 2015, as spin off from the INEOS ChlorVinyls “heritage” to become part of ICIG (closing August 1, 2015). The company is young, but continues operating its businesses based on the vast experience dating back to EVC, LVM and INEOS ChlorVinyls.
VYNOVA stands for continuity and reliability, and excellence in quality and service through partnering with our clients. It operates a growth strategy based on a healthy financial structure.
Leadership in safety and operational excellence are part of our core values.
For ICIG, this acquisition will complement its fine chemicals, pharmaceuticals and enterprises platforms by new strategic segments in the chlorovinyls industry.
As a result of this formation VYNOVA becomes a major player in the European suspension PVC and caustic soda (NaOH) markets. In addition, it strengthens its position in caustic potash (KOH) to become a key player in Europe, together with ICIG’s existing KOH business in PPC (France).
The VYNOVA assets constitute a set of well integrated chemical supply chains, from salt to PVC. All cell rooms for caustic soda production are based on state-of-the art membrane electrolysis. The PVC plants are located in western Europe, with good access to logistic facilities and export markets.