Arvand Petchem Plant Resumes PVC Exports, Seeks Reduction of Export Tariffs

Arvand Petchem Plant Resumes PVC Exports, Seeks Reduction of Export Tariffs
(Saturday, May 17, 2025) 11:24

TEHRAN (NIPNA) – Arvand Petrochemical Company has resumed exports of polyvinyl chloride (PVC) products and is actively pursuing the removal or reduction of export tariffs, the company’s CEO Mohammad Reza Karimi said.

Speaking to reporters, Karimi confirmed that the previous export ban has been lifted and while a 10 percent export duty remains in place, efforts to eliminate or lower this levy are underway at high levels of government.

“Currently, there is no restriction on exports,” Karimi said. “Although a 10 percent export tariff is still applied, we are seriously following up on its removal or reduction.”

He highlighted the significant price gap between domestic and regional export markets. “Export prices in the Middle East, based on Persian Gulf benchmarks, exceed $1,000 per ton, while domestic prices hover around $846 per ton despite competitive trading on the commodity exchange,” Karimi explained. “This discrepancy effectively subsidizes local consumers and reduces the profitability of petrochemical producers.”

Arvand’s PVC production capacity stands at 250,000 tons annually. Karimi estimated that a 10 percent increase in competitiveness on the domestic exchange could boost the company’s profits by approximately $20 million.

The CEO also criticized downstream actors who purchase PVC domestically only to export finished goods like windows and pipes, calling it “not real exporting.” He stressed the importance of competing directly in global markets with regional prices to secure Arvand’s market share.

Karimi reported that since late last year, Arvand has been engaged in extensive lobbying to revise export duties. “Although new tariffs have yet to be announced more than 50 days into the new fiscal year, the issue has reached the President’s office. Senior officials, including the holding company CEO and presidential advisors, are actively addressing the matter.”

Arvand has also filed an official complaint with Iran’s Administrative Justice Court, arguing that PVC is a processed final product and should not be subject to export restrictions meant for raw or semi-finished materials.

He added that export restrictions were fully lifted last year, and shipments to Russia have resumed with several hundred tons already dispatched. The company is negotiating long-term contracts aligned with the country’s Seventh Development Plan.

Production growth of 15 to 25 percent over recent years has strengthened Arvand’s export capacity, Karimi said, expressing optimism about future export prospects in regional markets.

Finally, Karimi disclosed ongoing discussions with the Ministry of Petroleum and National Petrochemical Company, including confirmation from senior officials on the potential reduction or elimination of tariffs. The matter has been escalated to the President and First Vice President.

“With government support, legal and diplomatic efforts, and strong production capacity, we foresee a bright outlook for sustained PVC exports,” he concluded.

 


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