INOVYN

What INOVYN does

INEOS Inovyn is Europe's largest producer of chlorvinyls and the global leader in specialty PVC, operating as a wholly-owned subsidiary of INEOS Group. The company manufactures approximately 9 million tonnes of chemicals annually across an integrated network of manufacturing and sales operations in eight European countries (Belgium, France, Germany, Italy, Norway, Spain, Sweden, United Kingdom) plus sales offices in Austria and the USA. Its portfolio spans five core product groups — General Purpose Vinyls, Specialty Vinyls, Organic Chlorine Derivatives, Chlor-Alkali (chlorine and caustic soda), and Hydrogen — serving customers in construction, automotive, healthcare, water treatment, renewable energy, and chemical manufacturing. Annual sales are approximately €3 billion (most recent disclosed), employing approximately 4,000 people.

The company's technology platform is built around chlor-alkali electrolysis and PVC production, with proprietary certified product brands including NEOVYN™ (low-carbon PVC with 37% lower greenhouse gas emissions than the European industry average), BIOVYN™ (bio-attributed PVC with over 90% GHG savings from 100% biomass feedstock substitution), and REODRIN™ (bio-attributed epichlorohydrin with ~70% GHG savings). It is one of Europe's largest operators of electrolysis technology, producing approximately 60,000 tonnes of low-carbon hydrogen annually. Advanced PVC recycling is being developed through Project Circle (dissolution, pyrolysis, and gasification) targeting 40KT recyclable capacity by 2030. Long-term renewable power agreements with Statkraft (100MW plus 30MW from 2026) and on-site solar/hydroelectric generation support decarbonization.

The business model is enterprise B2B direct sales, with pricing negotiated per-contract based on volume, product grade, and contract duration. Distribution relies on direct commercial relationships supported by specialist chemical logistics partners (VERVAEKE, VT Group). Go-to-market is increasingly differentiated by sustainability credentials — ISCC PLUS, RSB, and Green Star PVC certifications — enabling customers to address scope 3 emissions requirements, with notable enterprise adoptions by Continental, Polestar/Volvo, Daimler Truck, Aliaxis, and Pipelife. The company is pursuing a multi-vector strategic repositioning: divestiture of higher-cost European assets (Rheinberg, Italy), aggressive build-out of green hydrogen and circular PVC capabilities, and capacity expansion in higher-margin specialty PVC (+220KT by 2027), all within the broader INEOS Group commitment of over €2 billion to green hydrogen across Europe.

Name

INOVYN

Legal name

INOVYN ChlorVinyls Limited

Website

https://inovyn.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

INEOS Inovyn is Europe's largest chlorvinyls producer and global specialty PVC leader, manufacturing approximately 9 million tonnes annually across 8 European countries. The company supplies PVC, chlor-alkali, and low-carbon hydrogen to construction, automotive, healthcare, and renewable energy customers under certified sustainable product brands.

Ownership category

akta.pro rank

Product category

Industrial Chemicals (Chlorvinyls and PVC)

NAICS

Chemical Manufacturing (325), Other Chemical Product and Preparation Manufacturing (3259)

SIC

Industrial Inorganic Chemicals (2810), Industrial Organic Chemicals (2860), Chemicals & Allied Products (2800)

akta.pro primary industry

Chlor-Alkali & Derivatives (IMAEAAAC)

akta.pro secondary industries

PVC & Chlor-Vinyl Chain (Chlor-Alkali, EDC/VCM, PVC) (IMAEADAF), Commodity Organic Chemicals (Solvents & Intermediates) (IMAEAAAB)

Keywords

• Chlorvinyls production
• PVC manufacturing
• Chlor-alkali chemicals
• Low-carbon hydrogen
• PVC recycling technologies

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices18 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Chlorvinyls and PVC Products: INEOS Inovyn generates revenue through the manufacture and sale of an extensive range of chlorvinyl products including General Purpose Vinyls (commodity PVC), Specialty Vinyls (high-value PVC applications), Organic Chlorine Derivatives, Chlor-Alkali products (chlorine, caustic soda, soda ash), and Hydrogen. With annual sales of approximately €3 billion and annual commercial production volume of approximately 9 million tonnes, the company sells directly to industrial customers across construction, automotive, healthcare, renewable energy, water treatment, and general chemical manufacturing sectors. Pricing is negotiated directly with customers based on volume, product specification, and contract terms.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

INEOS Inovyn manufactures and sells an extensive range of chlorvinyl products including General Purpose Vinyls (commodity PVC), Specialty Vinyls (high-value PVC applications), Organic Chlorine Derivatives, Chlor-Alkali products (chlorine, caustic soda, soda ash), Hydrogen, and Performance Chemicals. With approximately 9 million tonnes of annual commercial production volume and €3 billion in annual sales, the company sells directly to industrial customers across construction, automotive, healthcare, renewable energy, water treatment, and chemical manufacturing sectors.

Product overview

INEOS Inovyn is Europe's largest producer of chlorvinyls and the global leader in specialty PVC, offering a diversified portfolio of chemical products organized across five key product groups: General Purpose Vinyls (standard PVC), Specialty Vinyls (high-performance formulations), Organic Chlorine Derivatives, Chlor-Alkali (chlorine and caustic soda), Hydrogen and Performance Chemicals. The company has developed differentiated sustainable product lines including NEOVYN™ PVC (low-carbon product with 37% lower emissions), BIOVYN™ (bio-attributed PVC with 90%+ GHG savings), and REODRIN™ (bio-attributed epichlorohydrin). Annual commercial production volume is approximately 9 million tonnes across 8 European countries, serving construction, automotive, healthcare, water treatment, and renewable energy sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• General Purpose Vinyls Standard PVC (polyvinyl chloride) products for broad industrial applications including construction, automotive, piping, and technical textiles sectors.
• Specialty Vinyls High-performance PVC formulations designed for specialized applications. INEOS Inovyn is the global leader in specialty PVC with planned 220 KT capacity expansion by 2027.
• Organic Chlorine Derivatives Chlorine-based chemical derivatives including chloromethane products for various industrial applications.
• Chlor-Alkali Chlorine and caustic soda products essential for clean water, medicines, industrial processes, and sanitation. Includes Ultra Low Carbon Chlor-Alkali range with up to 70% CO2 footprint reduction.
• Low-Carbon Hydrogen Low-carbon hydrogen produced via electrolysis — approximately 60,000 tonnes annually across multiple sites — used for transportation, industrial processes, and as a pathway to net-zero decarbonization.
• Performance Chemicals Specialty chemical products serving diverse industrial sectors including automotive, construction, healthcare, and renewable energy.
• NEOVYN™ PVC Low-carbon suspension PVC product offering 37% lower greenhouse gas emissions compared to the European industry average. Provides drop-in solution for customers to immediately reduce PVC greenhouse gases and scope 3 emissions.
• BIOVYN™ PVC World's first commercially available bio-attributed PVC produced with 100% substitution of fossil feedstock by biomass, enabling greenhouse gas saving of over 90% compared to conventional S-PVC. Certified under RSB (Roundtable on Sustainable Biomaterials) standards.
• REODRIN™ Epichlorohydrin World's first commercially available bio-attributed epichlorohydrin made using second-generation renewable feedstock. Enables greenhouse gas saving of almost 70% compared to fossil-based/palm-based alternatives. Used in composites for wind turbines, wastewater treatment, and electric vehicle coatings.
• Electrolysis and PVC Production Technologies (BICHLOR™) INEOS Inovyn's electrochemical and vinyls technologies portfolio including BICHLOR™ electrolysers and advanced PVC production technologies sold/licensed to third parties.

Quantifiable outcome

• NEOVYN™ PVC reduces greenhouse gas emissions by 37% compared to European industry average (1.3 kg CO2 per kg PVC), with demand growing thirtyfold since 2024
• +12 more outcomes

Named customers17 records

Segments7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature7 records

Partnerships

13 partnerships are on record, tiered major, core and minor.

• Esseco IndustrialmajorStrategic or Co-development Partner · 21 April 2026INEOS Inovyn signed an agreement to sell its Italian subsidiary INOVYN Produzione Italia SpA, operating chlor-alkali sites at Rosignano and Tavazzano, to Esseco Industrial. The transaction is subject to regulatory approvals and expected to close in 2026. The Rosignano site is Italy's largest domestic chlor-alkali plant with over 160 employees. INEOS Inovyn's R&D activity at Rosignano will be carved out and retained. This follows a strategic review of INEOS Inovyn's European asset base.
• Continental (ContiTech)coreStrategic or Co-development Partner · 13 November 2025Continental's ContiTech division is transitioning most of its PVC-based products to INEOS Inovyn's CO₂-optimized NEOVYN™ PVC, aiming to reduce its carbon footprint by approximately 31.5% compared to 2024 volumes. The new formulation is supported by renewable energy sources and certified for full traceability of renewable inputs.
• Daimler Truck AGcoreStrategic or Co-development Partner · 25 July 2024INEOS Inovyn is working with Daimler Truck AG as they run customer trials of Mercedes-Benz GenH2 hydrogen fuel cell trucks in Germany. INEOS Inovyn tests the truck carrying up to 25 tonnes of PVC product with range exceeding 1,000 km. Trial involves five prototype trucks covering over 225,000 km in real-world logistics operations since July 2024. Second trial phase planned from Q4 2025 with five additional customers. Daimler Truck's cellcentric JV with Volvo Group developed the fuel cell technology.
• VERVAEKEcoreChannel Partner/ Reseller/ Distributor · 25 July 2024VERVAEKE is INEOS Inovyn's logistics partner managing transport of PVC products to customers using hydrogen fuel cell trucks. Family-owned since 1935, VERVAEKE has a fleet of over 1,000 tankers and 800 tank containers operating in Europe's largest chemical cluster. Manages day-to-day transport operations for the Daimler Truck GenH2 truck trials.
• CIRC-PVC ConsortiummajorStrategic or Co-development Partner · 16 May 2024INEOS Inovyn joined the CIRC-PVC consortium as part of Project Circle to develop PVC recycling from construction-demolition waste. Consortium members include Entreprises Générales Louis Duchêne, Vanheede Environmental Logistics, ROVI-TECH, ECO-DEC, Avient Corporation's Belgium site, Centexbel, and the University of Liège. Funded by Walloon and Flemish authorities. Goal: produce rejuvenated PVC not containing legacy additives, enabling same-application recycling.
• DISSOLV ConsortiummajorStrategic or Co-development Partner · 16 May 2024INEOS Inovyn joined the DISSOLV consortium (3-year project funded via BELCOO mechanism with support of Catalisti and Centexbel) to develop improved dissolution technology for recycling PVC from flooring, carpets, and tarpaulin applications. Members include Beaulieu International Group, Sioen Industries, Empire Carpets International, ExxonMobil, and Centexbel. INEOS Inovyn provides dissolution technology to separate PVC from other components and provide R-PVC after additive extraction.
• HyMove (IntHy / Alpiq AG joint venture)majorStrategic or Co-development Partner · 3 May 2023INEOS Inovyn and HyMove partnership (ReadHy to Move project) to supply hydrogen produced at Tavaux for heavy-duty transport in Eastern France. HyMove, a JV between IntHy and Alpiq AG, will set up and invest in hydrogen distribution network for heavy-duty transport in Bourgogne-Franche-Comté region. Logistics will begin from 2026. HyWay, a second JV, will offer pay-per-use hydrogen trucks to local logistics companies.
• StatkraftcoreStrategic or Co-development Partner · 3 February 2023INEOS Inovyn signed two long-term green power supply agreements with Statkraft, Europe's largest generator of renewable energy. First agreement covers 100MW capacity (876 GWh/year) for Rafnes and Porsgrunn sites from May 2023. Second agreement adds 30MW (263 GWh/year) from 2026 to support process electrification and hydrogen production. Powers NEOVYN™ low-carbon PVC and Project Electra.
• VT Group (Verenigde Tankrederij)majorStrategic or Co-development Partner · 24 November 2021INEOS Inovyn partnered with Netherlands-based VT Group to build Europe's first bulk liquid chemical barge powered by hydrogen. VT Group will retrofit an existing barge with hydrogen technology to transport materials between INEOS Inovyn's Antwerp and Jemeppe sites in Belgium. Low-carbon hydrogen supplied by INEOS Inovyn as co-product from chemical manufacturing. Project will reduce annual CO2 emissions by an estimated 1,000 tonnes.
• HyNet North WestmajorStrategic or Co-development Partner · 20 October 2021INEOS Inovyn is involved in the HyNet North West clean hydrogen development project, leveraging INEOS Inovyn's hydrogen storage technology infrastructure (19 proposed salt caverns with 3 TWh total energy storage capacity) to unlock low-carbon energy for North West England and North Wales. The project aims to decarbonize the UK's industrial heartland and transport sector.
• INEOS AutomotiveminorStrategic or Co-development Partner · 18 October 2021INEOS Automotive division is exploring hydrogen fuel cell technology for the Grenadier 4x4 vehicle, using fuel cell technology from Hyundai Motor Company partnership. INEOS Inovyn provides hydrogen supply expertise as both user and producer of hydrogen supporting this initiative.
• Hyundai Motor CompanyminorStrategic or Co-development PartnerHyundai Motor Company provides fuel cell technology for the Mercedes-Benz GenH2 truck under Daimler Truck's cellcentric joint venture with Volvo Group. Hyundai's hydrogen fuel cell technology enables the heavy-duty liquid hydrogen trucks being trialed by INEOS Inovyn for PVC deliveries.
• Volvo Group (cellcentric JV with Daimler Truck)minorStrategic or Co-development PartnerVolvo Group's cellcentric joint venture with Daimler Truck develops fuel cell technology for heavy-duty trucks. The Mercedes-Benz GenH2 trucks trialed by INEOS Inovyn use this fuel cell technology.

Scale indicators22 records

Recent moves16 records

Expansion highlights6 records

Direct peers

• Olin Corporation: One of the world's largest chlor-alkali producers with integrated chlorine, caustic soda and downstream derivatives — directly comparable to INOVYN's chlor-alkali segment and competes in overlapping chlorine derivative markets.
• Occidental Petroleum (OxyChem): Through its OxyChem subsidiary, a leading North American chlor-alkali and PVC producer — directly comparable scale and product mix to INOVYN's chlor-alkali/PVC business, serving overlapping industrial customer segments.
• Shin-Etsu Chemical: Global #1 PVC producer with extensive chlor-alkali operations — competes directly with INOVYN in commodity and specialty PVC, particularly in European and export markets served by INOVYN.
• Formosa Plastics Corporation: Vertically integrated PVC and chlor-alkali producer with significant European exposure — competes with INOVYN in commodity and specialty PVC markets globally, with comparable chlor-alkali feedstock integration.
• Westlake Corporation: US-headquartered integrated chlor-alkali and PVC producer (including Vinnolit in Europe) — directly competes with INOVYN in PVC and chlor-alkali across similar end-markets (construction, automotive, healthcare) with overlapping production geographies.
• Orbia Advance Corporation (Vestolit): Through its Vestolit subsidiary, a European specialty PVC producer — most direct head-to-head competitor to INOVYN in European specialty PVC and chlor-alkali, serving identical European construction and industrial customers.

Broad incumbents

• Dow Inc. Diversified chemicals major with chlor-alkali, chlor-vinyl and downstream polymers exposure across Europe — competes with INOVYN broadly in chlor-alkali and PVC and overlaps in automotive and construction end-markets.

Regional players

• Kem One: French PVC and chlor-alkali producer — most direct domestic French competitor to INOVYN, with overlapping PVC, caustic soda and chlorine derivative offerings serving construction and industrial customers across Europe.
• Orlen Unipetrol: Central European petrochemicals and PVC producer with chlor-alkali operations in Czech Republic — competes with INOVYN in regional European PVC markets with comparable chlor-vinyl product portfolio but primarily serves Central/Eastern European customers.

Emerging players

• Syensqo (Solvay specialty spinoff): Former parent of the European chlorvinyls business that INOVYN acquired in 2015 — Syensqo retains adjacent specialty materials and shares Tavaux industrial platform with INOVYN (200-hectare shared site), making it both a historical predecessor and ongoing adjacent operator in chlor-alkali adjacent chemistries.

Market position

Strengths1 record

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/INOVYN_Official
• LinkedInlinkedin.com/company/inovyn

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about INOVYN