NIPCO was founded in 1998, by having an advantage of applying European Know How, the most excellent production line equipment and latest lab system from quality point of view based on international standards in order to cover some portion of the global market demand for composite sheets and products.

Its manufacturing plant is located at Eshtehard Industrial Zone / Karaj city within Tehran province. The plant is built in the land of 33,000 m2 with the roofed area of 7,000 m2 that is consisting of Production Hall, Modern Lab, Engineering and R&D building, Training Room, Storage, Utilities, Administrative Office and guesthouse.