FRICO
| Business category 1 | Plant & Animal Oil |
| City ( of main office ) | Tehrān, IR, Iran |
| Address | Ghaem Magham |
| Phones | 98-936-8648354 |
| Fax | 98 |
| Web site | www.frico.ir/en |
| About | Faravardehaye Roghanie Iran Co. ( FRICO ) is one of the Iranian edible oil production companies which was registered in 1993 for the purpose of carrying out industrial and commerical services in the Sirjan Special Economic Zone ( S.S.E.Z. ) , and has organized its activities around the following two axes : 1 . Refinery and packaging plants for various kinds of edible oils with a capacity of 800 tonnes per day , and the production of fatty acids with a daily capacity of 24 tonnes , which have been constructed with a capital investment of more than 350 billion Rials ( US$ 43 Milion ) in the Sirjan Specical Economic Zone . The aim of constructing this complex is to meet the needs of the domestic market in addition to the Central Asian countries , the Caucasus , Afghanistan , Pakistan , United Arab Emirates , East African countries , And else... The company's storing capacity of 24000 tonnes is also on service in the Sirjan site at the present . 2 . Considering the fact that 90% of the crude edible oil , ( more than 1,000,000 tonnes per year ) is imported from abroad , this company started off by constructing a complex of storage tanks for vegetable oil in Shahid Rajai Port ( Bandar Abbas ) so as , on the one hand , to increase its commerical benefits by utilizing vegetable oil price fluctuations in the international market , and on the other hand to provide a suitable location for storing the vegetable oil for the Sirjan Refinery . Bandar Abbas This crude vegetable oil tank farm with capacity of 150,000 tonnes which took shape with the secondary aim of minimizing demurrage charges of vessels , was constructed in an area of 130,000 square meters with an approximate capital investment of 75 billion Rials( US$ 8 Milion ) . Moreover , this company intends of follow up with an extension project which will increase the capacity of this tankfarm to 200,000 tonnes . It is to be noted that this company's total storing capacity of 174,000 tonnes in Bandar Abbas and Sirjan has sharply decreased the demurrage charges which must be paid in foreign currency for the country . |
| Date | 2011 Oct 28, 22:10 |