ME’s largest ‘heat shrinkable sleeve’ plant opened

TEHRAN, Aug. 09 (MNA) – Iran’s oil officials opened the largest plant of Middle East for producing heat shrinkable sleeves on Saturday.

In an official ceremony, the production line of heat shrinkable sleeves was launched by Iran’s oil industry officials on Saturday.

The product is used in insulating wires, tubes, and pipes of oil, electronic, and telecommunication industries.

Formerly the sleeve was imported from the United States and Canada and now the domestic production of it obviates importing and saves for the country more than 50 million dollars.

Iran, the first Middle Eastern country achieving the technology needed for producing the sleeve, is expected to earn an annual revenue of plus 100 million dollars exporting the product.

The total production cost of the Iranian sleeve is 30% less than the price offered by American and European producers and 10% less than the Chinese price tag but Iranian engineers claim higher quality as they have been for many years dealing with the material in Iran’s oil industry and have implemented the experience acquired in action into producing a better product.   

Iran’s production capacity is announced to be of 25,000 tons out of which 15,000 tons are for domestic consumption and the rest will be exported.

 

News Code 109103

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