Minister opens West Asia’s sole thermal paper plant, textile factories in Qazvin
Iran's Minister of Industry, Mine and Trade Mohammad Atabak inaugurated paper, packaging, and textile yarn production factories in Qazvin on Thursday, including the largest and only active thermal paper producer in West Asia.
The thermal paper production unit, with an annual capacity of 18,273 tons, is expected to create employment for 1,000 people directly and indirectly, ISNA reported.
The facility's main product is thermal paper used in point-of-sale (POS) devices, automated teller machines (ATMs), and retail cash registers, which was previously imported mainly from China and South Korea.
The paper and packaging industrial unit was established in Alborz Industrial City. According to the project's investors, once the factory reaches maximum production capacity, it will be possible to prevent currency outflows equivalent to approximately 15 percent of the domestic market capacity for the product.
The machinery technology for the unit was supplied from China, and the foreign investors are among prominent producers in the paper and packaging industry.
The inauguration of the facility aligns with policies of the Ministry of Industry, Mine and Trade to develop processing industries, reduce dependence on imports, and strengthen production chains in the northern Qazvin Province.
Also on Thursday, a textile yarn production company with a nominal capacity of 11,850 tons per year and employment for 500 people began operations with the minister in attendance.
A spinning company with a nominal capacity of 15,500 tons per year and employment for 400 people was also inaugurated by the minister and began operations.