TEHRAN (FNA) – Iran is planning to bring on stream 417,000 tons/year of additional polyvinyl chloride (PVC) capacity by the end of 2008, turning it into a net exporter, a source close to National Petrochemical Co (NPC) said on Tuesday.
“The new capacities will help ease the tight supply of PVC in Iran and provide export opportunities,” a Tehran-based trader said.
Arvand Petrochemical Co’s 340,000 ton/year PVC plant, located at Bandar Imam, will start up in December this year, the source said, comprising 300,000 tons/year of suspension grade and 40,000 tons/year of emulsion grade.
The complex would also include vinyl chloride monomer (VCM) and ethylene dichloride (EDC) plants, with a capacity of 340,000 tons/year each and a 635,000 ton/year caustic soda line, a second source said.
Abadan Petrochemical is also planning to double its PVC capacity to 120,000 tons/year by the end of the year, the first source added.
And Bandar Imam Petrochemical Co (BIPC) will debottleneck its 175,000 ton/year PVC plant at Bandar Imam by 17,000 tons/year.
Iran’s current installed PVC capacity is 235,000 tons/year, while consumption in 2007 was estimated at about 260,000 tons/year.
“Demand for PVC is robust from the construction, water supply and synthetic leather segments,” the trader added.
Once the new capacities come on stream, Iran is set to become a net exporter, with a surplus of an estimated 390,000 tons/year, after the plants achieve full output.
Arvand and BIPC are subsidiaries of NPC, while Abadan Petrochemical is a privately owned Iranian company.