Company profileListed on Tehran Stock Exchange

Azar Refractories Company Public Joint Stock Company

Azar Refractories Company Public Joint Stock Company is a Tehran Stock Exchange-listed producer of refractory materials, calcined dolomite and industrial lime. Based in Isfahan, Iran, it serves steel, cement, non-ferrous metals, petrochemicals, refining and power markets. The company is relevant to industrial buyers seeking refractory and high-temperature process-material supply, and to investors tracking Iran’s heavy-industry value chain.

ListingListed on Tehran Stock Exchange
ExportMedium
VerificationBasic
ConfidenceMedium
Updated21/07/2026
OPERATING PROFILE

Operations & footprint

Products and services

Ardakan Refractories Company, associated with Azar Refractories and Ardakan Industrial Ceramics, manufactures refractory products including dolomitic refractories, refractory bricks, masses, special refractory materials, lime-related products, and heat-resistant industrial materials used mainly by steel, cement, non-ferrous metals, and heavy-industry customers.

Operations and assets

The company operates a factory in Foolad Industrial Zone (Babashaykhali), about 50 km along the Isfahan–Shahrekord road. Stated annual production capacity is 150,000 tonnes of refractory products and 300,000 tonnes of industrial lime.

Geographic footprint

Headquartered in Isfahan, Iran, with manufacturing in Foolad Industrial Zone on the Isfahan–Shahrekord corridor.

CORPORATE STRUCTURE

Ownership & group structure

Reported scale

Employees: 330 employees (2025).

Investor Lens

Commercial and investment relevance

Ardakan Refractories is relevant for investors assessing Iran's refractory-materials supply, steel and cement maintenance demand, furnace and kiln availability, and import substitution in heat-resistant industrial inputs. It can support analysis of steel-cycle exposure, energy-intensive manufacturing, customer concentration, raw-material access, and the effect of water and power constraints in Yazd Province. Due diligence should verify exact legal naming, website status, product grades, customer mix, raw-material contracts, export activity, technology standards, and latest market disclosures for the کاذر symbol. Azar Refractories supplies heat-resistant linings, monolithic materials and related mineral products required in furnaces, kilns and other high-temperature industrial equipment. Its product range is relevant to steelmakers, cement plants, non-ferrous metal producers, refineries, petrochemical operators and power plants.

DECISION RISKS

Constraints, risk & compliance

Key risks and constraints

Demand is tied to operating rates, maintenance cycles and capital expenditure across Iranian steel, cement, metals, refining, petrochemicals and power generation. Production also depends on reliable supply of refractory mineral inputs and energy-intensive lime and dolomite processing.

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Common questions

Frequently asked questions

Direct answers to the questions most likely to arise when reviewing this profile.

What does Azar Refractories Company produce?

The company produces shaped, unshaped and special refractory products, including alumina and fireclay bricks, magnesia and dolomitic products, castables, mortars, ramming masses and sliding-gate bricks. It also produces calcined dolomite and industrial lime.

Where is Azar Refractories Company located?

The company is headquartered in Isfahan, Iran. Its manufacturing facility is located in Foolad Industrial Zone (Babashaykhali), along the Isfahan–Shahrekord road.

Is Azar Refractories Company publicly listed?

Yes. Azar Refractories Company is listed on the Tehran Stock Exchange under the ticker کاذر.

Which industries use Azar Refractories products?

Its products serve high-temperature industrial operations in steel, cement, non-ferrous metals, petrochemicals, refining and power generation.