Ghadir Petrochemical Company in Mahshahr, Khuzestan Province, has registered a record by increasing the production of polyvinyl chloride (PVC) by 25% in the first half of the current Iranian year (March-September) compared with the same period of last year.
The complex produced 73,200 tons of PVC during the six-month period, Energy Today website reported.
The company's feedstock is chlorine and ethylene. Ethylene is supplied via pipeline in western Iran and chlorine is supplied by Arvand Petrochemical Company.
Established over 15 hectares, the complex also produces vinyl chloride monomer with an annual capacity of 150,000 tons.
The company’s products are used in manufacturing various types of pipes, hoses, electrical insulation, doors, window frames, cabinets and automotive parts.
Plans are underway to further increase the output of PVC unit and produce new grades of PVC.
PVC is the world's third-most widely produced synthetic plastic polymer (after polyethylene and polypropylene) with an annual output of about 40 million tons.
Iran currently produces about 800,000 tons of PVC per annum and with the completion of the ongoing projects, the figure will rise in the near future.
The global polyvinyl chloride market is estimated to be worth $37 million in 2022 and is forecast to a readjusted $45 million by 2028 with a CAGR of 3.4% during the review period.
The global PVC market is mainly driven by high demand in some of the high-profile industries, such as electrical and electronics, building and construction, automotive and packaging.
Polyvinyl chloride possesses fire-retardant properties and oil/chemical resistance. It is identified with further properties such as being lightweight, having good mechanical strength, abrasion resistance and durability.
An ever-increasing population has led to the proliferation of industries using polyvinyl chloride. A spurt in consumer electronic products and lightweight automotive products has increased demand for polyvinyl chloride.
