Mohammad Reza Karimi, in a meeting with senior executives
of Bank Mellat held at the Arvand Petrochemical Complex, explained the
company's development plan studies, and said: “The duration of the Arvand
Petrochemical PVC unit development project is about 3 years and the aim is to
turn the company into the largest producer of PVC chain in the Middle East
besides generating jobs and creating value added.”
He added: “With the development of Arvand Petrochemical
Company, the feedstock of downstream industries will be fully supplied and the
development of downstream industries will result in wealth creation, hard
currency generation and sustainable job creation in the country.”
Welcoming the participation of banks in the company's
development plan, Arvand Petrochemical Co.’s CEO said: “The financing of the
project will be in two forms, Rial and hard currency, and we will welcome the
participation of banks in the implementation of this national project.”