Complementary Project of EICO Come on Stream

The complementary project of Esfarayen Industrial Complex (EICO) with investment of Industrial Development and Renovation Organization (IDRO) came on stream.

According to reports, IDRO through different financial sources invested some 30,000b rials on the complementary project of EICO which came on stream at President Hassan Rouhani.

The completion of the casting and smelting workshop of the company for improving the capacity of production to 180,000 tons per year, creating the damping and crashing unit including three damping devices and 2 crashing machines with the capacity of damping 30,000 tons and crashing over 14,000 tons per year, creating the machining unit including 9 different machining units of CNC and its additional equipment with the capacity of 20,000 tons per year, creating the thermal operation unit including four furnaces with quench reservoirs with capacity of 17,000 tons per year, creating continuous casting unit with cobined capacity of 100,000 tons and nominal capacity of 270,000 tons per year aimed at meeting the needs of Luleh Gostar of Esferayen Company, creating re-smelting unit with capacity of 6,000 tons per year aimed at producing certain type of ingots for certain usage and completing the laboratory equipment are of the major details of this complementary project of the company.

Gaining experience and engineering knowhow in different fields of the project was the other achievement of the project. Job creation during the implementation and exploitation of the project as well as using the native workforce in the region are of the major social achievements of this project.

EICO is of the biggest affiliate companies to IDRO and the biggest producer of parts, heavy sections, and super heavy alloy steel in the Middle East.