By John Lee. Iraqi Minister of Industry and Minerals, Manhal Aziz Mahmoud Al-Khabbaz, has announced the official start of construction of a new cement plant in Badoush, in Nineveh Governorate. The $220-million project is being carried out by the General Company of Iraqi Cement and a Spanish company, which the Ministry did not name. The […]
By John Lee. Pakistan-based Lucky Cement has announced that it started commercial operations at its new cement production facility in Samawah on Wednesday. In a statement to the Pakistan Stock Market, the company said the new plant has a capacity of 1.2 million tonnes per annum, and is a joint venture with Al-Shamookh Group [al-Shumookh] […]
By John Lee. The China Machinery Engineering Corporation (CMEC) has announced that it been awarded the contract to build the Harir cement plant in Erbil. According to a stock exchange filing, the contract is valued at approximately $210 million, and the project is expected to be completed within 30 months. (Source: CMEC)
By John Lee. The Iraqi Government has announced that commercial operations have begun at the "Al-Kaytan Falcon Cement Plant" in Basra. According to a government tweet, the project cost $43.7 million to build, has a production capacity of a million tonnes annually, and created more than 250 new jobs. Falcon is a cement brand owned […]
The World Cement Association has announced today that it is welcoming the Cement Producers Association of Iraq (CPAI) as an Affiliate Member of its international network. Ian Riley, CEO at WCA, said: "In these challenging and uncertain times, it's more important than ever that organisations and individuals from across the global cement community can come […]
The Higher Committee for Health and National Safety held a meeting in Baghdad on Monday via video conferencing under the chairmanship of Prime Minister Adil Abd Al-Mahdi. The Committee reviewed and evaluated current measures to combat Covid-19 and received briefings from the Ministry of Health, specialists and officials from relevant ministries. The Prime Minister commended the […]
By John Lee. Pakistan's Lucky Cement has reported that the greenfield expansion to its cement plant in Samawah is expected to reach commercial production in the second quarter of financial year 2020-21. In a statement, the company said: "Fabrication and erection work is in full swing and Project timelines are being met. "Necessary manpower and […]
By John Lee. The Arab Swiss Engineering Company (ASEC) has reportedly signed a three-year agreement with Iraq's KAR Group for the operation and maintenance of the Qarachough [Qarachog] Cement Plant near Erbil. According to World Cement, the plant has a capacity of 1.9 million tonnes per year. (Source: World Cement)
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Babel Cement Plant – Iraqi Cement State Company Sulfuric Acid plant – Al-Furat State Company for Chemical Industries and Pesticides (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
By John Lee. Attock Cement Pakistan Limited (ACPL) has said that commercial production at its new 0.9 Mta cement grinding unit in Basra started on Sunday. The company, which makes the Falcon brand of cements, is a member company of Pharaon Commercial Investment Group. (Sources: Pakistan Stock Exchange, Cemnet)
By John Lee. The Iraqi Ministry of Finance has reportedly approved the expenditure of $60 million for rehabilitation of Kufa Cement Plant in Najaf. More here. (Source: Thompson Reuters Projects News)
By John Lee. Pakistan-based Attock Cement (PSX: ACPL) has reportedly made investments in a cement grinding unit in Iraq. According to Business Recorder, the investment was made via a joint venture with the Iraq-based Al Geetan Commercial Agencies to form a subsidiary, a limited liability company. Attock's holds 60 percent of the company. The mill […]
