Dec 6 2007
Georgia Gulf today announced that it will temporarily idle its PVC resin manufacturing facility located in Sarnia, Ontario, as part of a previously announced plan to temporarily remove 700 million pounds of PVC resin capacity on an annualized basis. The Company will idle the facility in mid December, with the intention of restarting the facility during the first quarter of 2008.
The Sarnia PVC resin manufacturing plant is capable of producing 450 million pounds per year. Georgia Gulf is reviewing options to temporarily idle an additional 250 million pounds of PVC resin capacity in order to reach its target of 700 million pounds on an annualized basis.
Georgia Gulf recently announced that it had commenced initial production testing of its modernized PVC resin production line located in Plaquemine, LA., which will provide an additional 450 million pounds annually of efficient production capacity. The Company continues to plan for full production on the modernized line during the first quarter of 2008.
"We are scaling our PVC resin operations to synchronize with the seasonally slower demand period, while at the same time driving increased efficiency by shifting production to our most efficient facilities," commented Ed Schmitt, Chairman, President and C.E.O.