Iran and China are holding talks to build a carbon disulfide production plant in Ilam Province, with an investment of $50 million by Shanghai Baijin Chemical Group Company, Ilam’s governor general said.
In a meeting held in Ilam on Saturday, where the provincial authorities and officials from the Chinese company attended, Hassan Bahramnia said the western province is prepared for the construction of the chemical plant and all the related bodies will support the project, IRNA reported.
“Ilam Province has a high capacity for investment in various fields and we welcome Baijin Company’s decision to invest here,” he added.
Referring to the advantages of the province, the governor general said Ilam has a 436-km border with Iraq, which can be used for the export of petrochemical and downstream products.
“Ilam owns 11% and nearly 6% of the country's gas and oil resources respectively and operates a refinery and a petrochemical plant are in operation there, which will help provide the main raw materials for the carbon disulfide factory,” Bahramnia said.
Speaking at the meeting, Niu Fachang, the deputy CEO of Shanghai Baijin Chemical Group Company, said, “We are very happy to be in Ilam Province to prepare the ground for investment in the chemical plant. Baijin is the largest carbon disulfide production company in the world and has the most advanced technology in this field.”
The company has seven factories, six of which are based in China and one factory is located in India.
Niu said the company is ready to invest in Ilam for the production of 60,000 tons of carbon disulfide per year.
“To produce carbon disulfide in the province, the plant will need 90,000 cubic meters of gas, 4 megawatts of electricity, 180 tons of sulfur and 500 cubic meters of water on a daily basis,” he added.
Headquartered in Shanghai, Baijin Chemical Group Company was established in 1990. It manufactures and supplies chemical products, such as carbon disulfide, sodium hydrosulfide, dimethyl sulfoxide, and other products.
The company markets its products to Indonesia, India, Taiwan, Thailand, Japan, South Korea and Brazil, among others.
Inorganic Compound
An inorganic compound, carbon disulfide is a colorless liquid, which is used as a building block in organic synthesis.
The principal industrial uses of carbon disulfide, consuming 75% of the annual production, are the manufacture of viscose rayon and cellophane film.
It is also a valued intermediate in chemical synthesis of carbon tetrachloride. It is widely used in the synthesis of organosulfur compounds such as xanthates, which are used in froth flotation, a method for extracting metals from their ores.
It can also be used in fumigation of airtight storage warehouses, airtight flat storages, bins, grain elevators, railroad box cars, shipholds, barges and cereal mills.
In addition, carbon disulfide is a solvent for phosphorus, sulfur, selenium, bromine, iodine, fats, resins, rubber and asphalt.
Global production/consumption of carbon disulfide is approximately 1 million tons, with China consuming 49%, followed by India at 13%, mostly for the production of rayon fiber.
The global carbon disulfide market was worth $758.8 million in 2021 and it is anticipated to exceed $1.1 billion by 2028.
New chemical production accounts for a sizable portion of the carbon disulfide market. Requirements for chemicals such as rayon, cellophane, and carbon tetrachloride are expected to rise due to increased demand in end-use industries such as textiles, food packaging and refrigeration. This is supposed to propel the carbon disulfide market.
Rising demand for nanomaterials, particularly carbon nanotubes, is expected to drive demand for carbon disulfide as a bipolar cleaning solvent. This is expected to boost the market.
The market growth for carbon disulfide in the agriculture end-use industry is also expected to drive demand for other niche applications such as insecticide and fumigant, boosting the global carbon disulfide market.
