Disposable Food Packaging: Sound Investment Opportunity
Economy, Business And Markets

Disposable Food Packaging: Sound Investment Opportunity

Production of disposable food containers is a rather young business in Iran, as it started nearly 30 years ago with a small number of production facilities.
Following the rise in urban population and the consequent change in Iranian lifestyle, demand for these products increased considerably, leading to the establishment of more than 1,500 factories in the country.
“Nearly every food company is somehow reliant on disposable food containers,” Hamid Samadi, the head of Disposable Food Container Producers Union, told the Persian daily Forsat-e Emrooz.
Samadi said fast food restaurants, dairy and confectionary industries are the main consumers.
The industry provides direct employment to over 30,000 people, producing more than 400 tons of disposable products every month.
Samadi noted that the 2,000-ton monthly demand for raw materials is completely met by domestic petrochemical producers and that virtually no imports take place.
The industry exports about 40% of its products to Central Asian countries and Afghanistan, and is just stepping into the markets of Russia, several African and European countries.
According to Samadi, about $300,000 of initial capital are required for setting up a factory, 60% of which must be allocated for purchasing the machinery and setting up a production line.
A 5,000-square-meter plot of land is needed to accommodate a warehouse, laboratory and the workshop.
The required permits are to be obtained from the Ministry of Industries, Mining and Trade, Food and Drug Administration, Iran National Standards Organization and the Department of Environment.


Short URL : http://goo.gl/z3w6KP
  1. http://goo.gl/ZLs5jG
  • http://goo.gl/64VYxJ
  • http://goo.gl/GbBoCl
  • http://goo.gl/jNFqeP
  • http://goo.gl/p4P3Ds

You can also read ...

Effects of Sanctions on Food Consumption of the Poor
It is now clear that the purpose of US sanctions against Iran...
CBI Moves to Sideline USD
As part of the latest measure to ditch the US dollar from the...
Surcharge on Forex Rate Difference “Illegal”
The retrospective application of Clause Five of the government...
New Online System to Monitor Warehouses Countrywide
All warehouses in Iran are required to register in the so-...
Optimism Over Prospects of Iran Stocks Performance
The latest Consensus Earnings Report shows the price to...
Bank Loans Hit €18 Billion in 4 Months
Banks and credit institutions allocated a total of 1.67...
Gov’t to Build  2 New Towns
The Iranian government will commence the process of building...
Sesame Oil, Products Imported From  6 Countries
More than 1.38 million tons of sesame oil and products worth $...