Laf Joint Stock Company was registered in 1967 at Tehran companies
registration and industrial property office as No. 11687. In this regard the
license of factory conduction No. 2914 was issued by The ministry of Industries and
Mine in 1968 with an initial capacity of an annual production of 600 tons of
cardboard tubes in one shift.
After issuing licenses, studies were performed and two German made cardboard tube production machinery were imported and
installed, observations took place and authentication No.29980 was granted and the factory started to produce in 1968.
In order to implement the development plan, in 1989 the company
attempted to import and install modern machinery from Germany and Italy. Hence,
the production capacity increased to 1,500 tons in one shift and the operating
license No. 10014478-3329 was issued and confirmed by the ministry of Industries and
The factory was redeveloped recently and fitted with eight
Italian and German made production lines and also four German cardboard cut and
strip conversion machinery lines and four more
modern cardboard tube machinery line is ready for installation.
Initial founders were six persons and the Company’s
registered capital was seven million and five hundred thousand Rials. Following the
great change in shareholders and regulating a new statutes name of company was
changed to “LAF joint stock Company” in 1973 and its capital was increased to twelve
million and five hundred Rials.
By the approval of the shareholders in 1976 the company's name was changed to “Iran Convertor joint stock company”, however later in 1984
it was changed back to “LAF joint stock Company”. Eventually in 1996 a
new statutes was regulated by partners according to which it was turned into a “limited liability company” and was called “LAF Co.
Ltd.” and it is working under this name since then. Meanwhile the
company’s capital was increased twice in the past years and reached three hundred and twenty million Rials.