26 February 2008 12:41 [Source: ICIS news]
SINGAPORE (ICIS news)--Iran is planning to bring on stream 417,000 tonnes/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.?xml:namespace>
“The new capacities will help ease the tight supply of PVC in ?xml:namespace>
Arvand Petrochemical Co’s 340,000 tonne/year PVC plant, located at Bandar Imam, will start up in December this year, the source said, comprising 300,000 tonnes/year of suspension grade and 40,000 tonnes/year of emulsion grade.
The complex would also include vinyl chloride monomer (VCM) and ethylene dichloride (EDC) plants, with a capacity of 340,000 tonnes/year each and a 635,000 tonne/year caustic soda line, a second source said.
Abadan Petrochemical is also planning to double its PVC capacity to 120,000 tonnes/year by the end of the year, the first source added.
And Bandar Imam Petrochemical Co (BIPC) will debottleneck its 175,000 tonne/year PVC plant at Bandar Imam by 17,000 tonnes/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,
Arvand and BIPC are subsidiaries of NPC, while Abadan Petrochemical is a privately owned Iranian company.
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