Close to 70% of catalysts for key items in Arvand Petrochemical Complex in southern Khuzestan Province is produced by the local firms, managing director of the company said.
“Long-term contracts have been signed with private catalyst manufacturers to determine their products comply with international norms and standards and that the prices are reasonable,” Hassan Neshanzadeh was quoted as saying by the National Petrochemical Company news portal.
Importing some catalysts has become almost impossible due to the new US sanctions and were it not for domestic producers, the Arvand plant would have to pull down its shutters long ago.
Referring to the diversity of products needed for the petrochem sector, he said an estimated 730,000 tons of polyvinyl chloride, or PVC, is produced in Iran, of which 50% is manufactured in Arvand.
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