Mohammad-Ali Youssefan told PIN the polyvinyl chloride (PVC), ethylene dichloride (EDC), and vinyl chloride monomer (VCM) units of the complex had made over 89.86 percent progress.

He predicted that the pre-commissioning of the complex would coincide with late July.

“The complex is to produce 300 thousand tons of two types of PVC according to the suspension method, 40 thousand tons of PVC according to the emulsion method, and 634 thousand tons of 100 percent pure caustic soda per annum,” said the managing director.

According to the official, the project will also supply some of special zone’s petrochemical plants with 186,700 tons of chlorine gas per year and will produce 16,260 tons of sodium hypochlorite and 339,300 tons of EDC for domestic and overseas markets annually.

The National Petrochemical Company (NPC) managing director said petrochemical production would rise to 27 million tons from 19 million tons by the end of current Iranian calendar year (March 19, 2008).

Gholam-Hossein Nejabat added petrochemical industry earned the country 6.1 billion dollars in the previous Iranian year (ended March 20, 2007), predicting that the annual revenue would touch 8.3 billion dollars by mid-March 2008.

The NPC chief said 24 petrochemical projects were underway, adding 12.5 billion dollars had been invested in the projects, whose physical progress ranged from 30 to 98 percent.