# SNEP invests 600M MAD to expand PVC production in Morocco

SNEP, a subsidiary of Ynna Holding, announced a 600 million dirham investment to expand its production units in Morocco, increasing PVC resin capacity to 90,000 tonnes and PVC compound to 25,000 tonnes annually, creating 450 permanent jobs.

- Type: Expansion
- Announced: 2023-12-06
- Where: Mohammedia, Morocco
- Value: $60.0M (600.0M MAD)
- Jobs: 450
- Starts operating: 6 Dec 2023
- Status: announced
- Capacity: PVC resin: 90,000 tonnes/year; PVC compound: 25,000 tonnes/year
- Products: PVC resin, PVC compound
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [SNEP](https://endata.com/companies/55723.md)
- [Ynna Holding](https://endata.com/companies/13489.md) (investor)
- [Ynna Holding](https://endata.com/companies/13489.md) (partner)

## Sources

- [lobservateur.info](https://lobservateur.info/article/108868/economie/snep-nouvelle-etape-strategique), 2023-12-06: "Cette nouvelle extension va permettre d’augmenter les capacités annuelles de production de résine PVC à 90 000 tonnes et de compound PVC à 25 000 tonnes, tout en créant plus de 450 emplois permanents."
- [barlamantoday.com](https://barlamantoday.com/2023/12/07/snep-launches-extension-of-production-units-in-mohammedia/), 2023-12-07: "SNEP inaugurated the expansion of its production units in Mohammedia on Wednesday, built with a cost of 600 million MAD."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.