Nanotech Future Industries Company has entered an investment agreement with Atlas Ceramics Kavir to develop advanced refractory products, targeting a significant production increase and expanding into foreign markets.

Target Company Overview

The Nanotech Future Industries Company is committed to supporting innovators in the field of nanotechnology and addressing industrial challenges in the country. As part of this commitment, the company has entered into an investment agreement with Atlas Ceramics Kavir to develop advanced refractory industrial products.

This initiative will focus on the production of four primary products along with various supplementary products in industrial scale, which include gas turbine combustion chamber ceramics, consumable refractories for the steelmaking industry, consumable refractories for the copper industry, ceramic apexes, and other refractory materials.

Industry Overview in Iran

Over the past four decades, there has been a critical demand from consumers for new and higher-quality refractory materials. This demand has spurred an increase in the quantity and quality of innovative refractory