Iran has achieved self-sufficiency in the production of Emulsion Polyvinyl Chloride (EPVC), the raw material used in the production of footwear, bags and leather, says managing director of Arvand Petrochemical Company, Hassan Neshanzadeh Moqaddam.
Speaking to ILNA, the official said Iran produced 10,000-11,000 tons of EPVC in the fiscal 2017-18, which doubled in the following year (March 2018-19).
According to the official, EPVC production is expected to reach 28,000 tons by the end of the current fiscal year (March 19, 2020), while demand stands at 24,000 tons per year.
"Once this year’s production target is fully realized, the country will not only be able to meet domestic demand, but will have a 4,000-ton surplus that can be exported," he said.
“Domestic footwear and leather producers have had to import the chemical compound from South Korea, China, or Saudi Arabia but now they have access to high-quality EPVC at more affordable prices.”
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