File photo shows the Mahshahr Special Economic Zone.
Iran is set to officially inaugurate three important petrochemical industry projects in the country’s Mahshahr Petrochemical Special Economic Zone.
The projects include the polyvinyl chloride (PVC) production line at Arvand Petrochemical Complex, the oxygen and nitrogen production line at Maroon Petrochemical Plant and the second liquids loading pier at Mahshahr Petrochemical Special Economic Zone.
All three enterprises are due to be inaugurated in the presence of senior Iranian officials on Monday, May 21, to mark the anniversary of the liberation of Khorramshahr from Iraqi occupation during the eight-year imposed war (1980-1988).
Arvand, the fourth petrochemical complex to produce PVC in Iran, will increase the country's annual production capacity by 340 thousand tons.
The output will fully satisfy Iran's domestic demands and even turn the country into a PVC exporter. It is estimated that the Islamic Republic will hold 25 to 30 percent of the global market following the export of the product.
Bandar Imam Khomeini, Abadan and Qadir are the three other petrochemical complexes producing PVC in Iran with an aggregate production capacity of over 405 thousand tons per year.
The Arvand Petrochemical Complex produces 2.834 million tons of various petrochemical products each year, which are used as feedstock in the downstream sector; the detergent, paper, textile and healthcare industries; as well as solvents for resins and waxes.