(presstv) -- Iran is set to officially
inaugurate three important petrochemical industry projects in the country?s
Mahshahr Petrochemical Special Economic Zone.
The projects include the
polyvinyl chloride (PVC) production line at Arvand Petrochemical Complex, the
oxygen and nitrogen production line at Maroon Petrochemical Plant and the second
liquids loading pier at Mahshahr Petrochemical Special Economic Zone.
All three enterprises are due to be inaugurated in the presence of senior
Iranian officials on Monday, May 21. Arvand, the fourth petrochemical complex to
produce PVC in Iran, will increase the country's annual production capacity by
340 thousand tons.
The output will fully satisfy Iran's domestic demands and even turn the
country into a PVC exporter. It is estimated that the Islamic Republic will hold
25 to 30 percent of the global market following the export of the product.