Project Introduction
1 Project Code : 3256
Project Title : Fiberglass Production
Sector : Industry     Sub Sector : Non-metallic minerals other than oil and coal
3 Products/Services: Fiberglass Production
kordestan saghez
5 Project description :
The fibers which are made of glass melt are in continuous strings form, which are generally used as reinforcements, tissues and textiles. The most typical application of glass fibers is composite industry and they are available in different commercial forms with different chemical compositions so that each of them is suitable for a specific application. Almost 90% of fibers employed in engineering composites are glass fibers. Glass fibers have appropriate strength and hardness and maintain their mechanical properties at high temperatures. They exhibit good resistance against humidity and corrosion and they are relatively chip materials.
6 Annual capacity: 7000 ton
Project Status
7 Local / internal raw: 30 %
8 Anticipated sell in foreign markets: 60
9 Construction Period : 1 YEAR
Feasibility study available?
Required land provided?
Legal permissions (establishment license, foreign currency quota, environment, etc) taken?
Partnership agreement concluded with local/foreign investor?
Financing agreement concluded?
Agreement with local / foreign contractor(s) concluded?
Infrastructural utilities (electricity, water supply, telecommunication, fuel, road, etc) procured?
List of Know How
Purchase agreement for machinery, equipments and know
Financial Structure
Description Local Currency Required Foreign Currency Required ( Million Euro) Total Million Euro
Million Rials Exchange Rates Equivalent (Million Euro)
Fix Capital  38445  38445 1  4 5
Working Capital  17814  38445 0.463  0 0.463
Total Investment  56259  38445 1.463 4 5.463
Value of foreign equipment/machinery 3.99  million euro
Value of local equipment/machinery 0  million euro
Value of foreign technical know how 0  million euro
Value of local technical know how 0 million euro
Net Present Value (NPV) 3.61  million euro for 3 Year
Internal Rate of Return (IRR) 37.16  %
Pay backPeriod (PP) 3  Year(s)
General Information
Mode of Financing /Investment:
Project Type : 
Company Profile
Owner User kuinvestment
Name (legal /natural persons) : Kordestan Organization for Economic Affairs and Fi
Company Name: Investment Service Center
Address : Kordestan Organization for Economic Affairs and Finance, Opp. Huram Complex, Pasdaran Ave.
Tel: +98-871-3292-247
Fax: +98-871-3233-126
Web site:
Local entrepreneur :
Pre feasibility study:

Ministry of Economic Affairs and Finance
Organization for Investment Economic and Technical Assistance of Iran (OIETAI)
Foreign Investment Center
Tel : 33967749-33967766-33967762-39902485-39902488-39902486
Fax : 33967774
Website :
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