Polyvinyl chloride was discovered in the late nineteenth century, but until 1920s, it was not commercially produced and marketed. This polymer has high consumption rate in the world after polyethylene and it can be rigid or flexible, opaque, transparent or colored and insulating or conducting. Depending on the type of polymer, polyvinyl chloride is produced by various methods, including suspension, emulsion, solution, micro suspension. Suspension polymerization of monomers is used in most cases like suspension of particles in water. This article introduces the chemistry of the polymerization reaction and after presentation of different production methods, economic cost evaluation of the unit is discussed. In order to economic estimation of the plant, obtaining input and output flow rates and calculated size of all equipment are required. Therefore, to obtain the mass flow rates, the process simulation is carried out. In this study, production process simulation is performed by ASPEN POLYMER PLUS software. Then final equipments. prices and economic estimation of plant are calculated by taking equipments. size in to consideration. Results show that for a PVC production unit with a capacity of 45, 000 tons per year, the fixed capital and operating capital are equivalent to 18, 275, 000 and 2, 742, 000 dollars, respectively.