The Espadana Sepanta Faraz factory with an area of 26000 square meters in Razi Industrial Zone was started in 1392 (2013) by a group of economic activists and began manufacturing in 1394 (2015).

Oriented towards development, the factory went on to rapidly construct production lines of vaselin in different grades and light solid parafin in its first step. The ultimate aim of the factory is to gain accomplishments in exports and to this end the experienced staff strive to increase quality and decrease the price of the end product.