Iran has inaugurated three petrochemical projects in the southwestern province of Khuzestan.
The projects include a polyvinyl chloride (PVC) production line at the Arvand Petrochemical Complex, an oxygen and nitrogen production line at Maroon Petrochemical Plant and a second liquids loading pier in the Petrochemical Special Economic Zone of Mahshahr.
Iran has invested $1.6bn in the Arvand Petrochemical Complex since it's development in 2003, reports Press TV.
The new PVC production line in the Arvand Petrochemical Complex is expected to increase Iran's PVC production capacity by 340,000t per annum.
The Arvand Petrochemical Complex produces 2.834 million tonnes per annum of various petrochemical products, which are used as feedstock in the downstream sector, for example in the detergents, papers, textiles and healthcare industries, as well as solvents for resins and waxes.
Bandar Imam Khomeini, Abadan and Qadir are other petrochemical complexes in Iran which produce PVC with a production capacity of 405,000t per annum.
The $14m oxygen and nitrogen production line at the Maroon plant will produce 14,000m³ of oxygen and nitrogen per hour, while the $55m second liquids loading pier in Mahshahr has the capacity to load and offload 1.6 million tonnes per annum of petrochemical products.