Arvand Petrochem Company Raises Sales

Arvand Petrochem Company Raises Sales
Arvand Petrochem Company Raises Sales

The sales of Arvand Petrochemical Company in Mahshahr, Khuzestan Province, have increased in the first five months of the current Iranian year (March 21-Aug. 22).
The petrochemical plant in southwest Iran has registered a profit of $120 million, which is sevenfold higher than the amount it made in the same period of last year, the Energy Today website reported.
This has been achieved through a rise in output and a decline in production costs.
Arvand is the largest producer of polyvinyl chloride (PVC) in the Middle East. With a production capacity of 2.8 million tons of various products per year, it also produces chlorine, sodium hydroxide, suspension polyvinyl chloride, ethylene dichloride, vinylchloride monomer, caustic soda and a variety of PVC grades.
The company planned to build a new unit to increase its PVC output.
Currently, an estimated 730,000 tons of PVC are produced in Iran per year, of which 50% are manufactured by Arvand Petrochemical Company.
Because of rising demand in the domestic market and low market capacity in neighboring countries, the new PVC unit with a production capacity of 300,000 tons is to be built at the complex.
PVC is the world's third-most widely produced synthetic plastic polymer (after polyethylene and polypropylene). About 40 million tons of PVC are produced annually.
It is a versatile material used in window frames, drainage pipe, water service pipe, medical devices, blood storage bags, cable and wire insulation, resilient flooring, roofing membranes, stationery, automotive interiors and seat coverings, fashion, footwear and packaging.

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