Maad Chemie with approach of producing and supply of raw materials in steel industry is one of the subsets of Arzesh International Investment Developing Holding.
On the basis of researches into the needs of steel industry and completion the chain of raw materials and different mineral and industrial zone potentials, the Maad Chimie Company has been decided to be constructed.
The initial plan has been defined on studies about the foreign and domestic technologies and special planning on low grade iron ore with different genesis and because of this uniqueness of the plan the scientific, technical and economical researches has made this plan achievable.
Situation of this plan in Persian Gulf Mining & Metal Industrial Special Economic Zone with capacity of 2.5 million tons per annum (in first phase) adjacent to the Maad Koush Pelletizing Company (another Subset of Arzesh Holding) is desirable.
After getting the permission to establish this company in 2013, the initial researches for choosing the appropriate technology to this plan and researching for providing raw materials regarding to its uniqueness has begun and finalized.
Execution operation of this plan and starting of Iron Ore concentration project will be formed at the beginning of 2015.