Iranian official: World’s largest petrochemical complex up and running in Iran
Azerbaijan, Baku, Nov. 30 / Trend M. Moezzi/
The world's largest petrochemical complex is underway in Iran, despite the absence of its German partner, making Iran self-sufficient in petrochemical products, Mehr News reported quoting deputy oil minister Abdol Hossein Bayat as saying.
The Arvand petrochemical complex will be the world's largest polyvinyl chloride (PVC) production chain, with all of its units primed and officially in production, Abdol Hossein Bayat told Mehr. Work on the alkali chloride unit in Arvand's PVC production chain began in the middle of the last Iranian year, according to the minister.
The project's German engineering contractor and licence holder left the Arvand project for a Christmas holiday last year and never returned, said Mr Bayat. He added that some foreign companies have refused to sell equipment and spare parts for the complex despite their contractual obligations, reported Mehr.
The Arvand complex is in Iran's Petrochemical Special Economic Zone (Mah shahr) and has the capacity to produce nearly three million tons of petrochemical products. Up till now, 17 trillion rials ($1.6 billion) have been invested in the project, Mr Bayat said.