Annual PVC Output to Reach 1 Million Tons

Executive operations to build a Polyvinyl Chloride Suspension Resin (SPVC) unit, with a production capacity of 300,000 tons a year, are expected to start in March at the Arvand Petrochemical Company in Mahshahr, Khuzestan Province, managing director of the company said.
“The new unit, projected to become operational in 2024, will help add 300,000 tons of PVC to Iran’s current production capacity of 700,000 tons per year,” Mohammad Reza Karimi was also quoted as saying by the National Petrochemical Company's news website Nipna.
“The plant’s domestic sales of SPVC and EPVC [PVC emulsions] rose by 21% and 10% respectively during the first nine months of the current Iranian year [March 21-Dec.]. The company’s net profit margin will witness a 15% growth in 2023 compared to 2022 [$203 million],” he added.