Iran pres. launches 3 petchem projects

The polyvinyl chloride (PVC) production line at the Arvand Petrochemical Complex became operational on Monday during a ceremony at the Mahshahr Petrochemical Special Economic Zone in the presence of President Ahmadinejad, according to a report on the website of the Iranian chief executive.

The new PVC production line in the Arvand Petrochemical Complex will increase Iran’s annual PVC production capacity by 340,000 tons.

Iran has invested about USD 1.6 billion in the Arvand Petrochemical Complex since it began developing the project in 2003.

The Arvand Petrochemical Complex produces 2.834 million tons of various petrochemical products each year, which are used as feedstock in the downstream sector such as detergents, papers, textiles and healthcare industries as well as solvents for resins and waxes.

The oxygen and nitrogen production line at the Maroon Petrochemical Plant also came on stream with an expenditure of more than USD 14 million.

The plant could produce 14,000 cubic meters of oxygen and nitrogen per hour.

Meanwhile, the second liquids loading pier at Mahshahr Petrochemical Special Economic Zone was also launched in the presence of President Ahmadinejad.

The pier, constructed with an expenditure of some USD 55 millions, has the capacity to load and off-load 1.6 million tons of petrochemical products per year.

DB/GHN/HJL

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