By John Lee. Iraq's High Committee for Reconstruction and Investment has decided to refer the project for rehabilitating the sulphur [sulfur] production line at Al-Mishraq to Rafidain Iraq General Trading and Contracting Company. This project is expected to achieve a production capacity of 1.5 million tons of refined sulfur annually, which is a crucial material […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has led the fifth meeting of the High Committee for Reconstruction and Investment, at which several housing projects were approved in various provinces. During the meeting, authorization was granted to the Ministry of Construction, Housing, and Municipalities to negotiate with the executing company for the Housing […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani met with Zhang Jiming, the CEO of China's Changxin Company [Shanxi Changxin?], and accompanying delegation. The Prime Minister highlighted Iraq's abundant investment opportunities during the meeting, expressing the government's commitment to providing necessary facilitations for major international companies. Shang Xin Corporation, a prominent Chinese company with global […]
By John Lee. Iraq's General Customs Authority has announced that Iraq has made its first export of sulfur (sulphur). The 4,540-ton shipment was sent by ship to India earlier this week. Sulfur is used in many applications including fertilisers and pharmaceuticals. (Source: Ministry of Finance)
Gazprom Neft subsidiary Gazpromneft-Badra has begun shipping granulated sulphur from its Badra oilfield in Iraq — the unique gas infrastructure installed by the enterprise here having made it possible not just to diversify production, but also increase associated petroleum gas (APG) utilisation to 98 percent. The pilot consignment, delivered by order of Iraqi client “Ard […]
By John Lee. The National Investment Commission (NIC) has announced new investment opportunities in Iraq: Textile and leather plants, State Company for Textile and Leather Industries Sulfur production, Mishraq Sulfur State Company Production of ethylene and high-densite polyethylene (HDPE), State Company for Petrochemical Industries Dextrin and starch production, State Company for Food Products Al-Qadisiya Brick […]
By John Lee. The National Investment Commission (NIC) has announced six new investment opportunities in Iraq: Starch and Dextrin production, General Company for Food Products Sulphur/Sulfur production, Mishraq Sulphur Company (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
The Iraqi Ministry of Defense announced on Friday afternoon that Special Forces from the elite "Golden Division" (Counter Terrorism Services, CTS) have advanced to the town of Tob Zawa, and are now one mile from Mosul. This is despite a desperate attempt by Daesh to slow progress by setting fire to the Mishraq Sulphur Plant. […]
Combined Joint Task Force – Inherent Resolve is assessing the potential risk to personnel at Camp Swift and Qayyarah West Airfield, located about 50 miles south of Mosul, as a result of nearby burning oil wells and a sulfur plant fire. The coalition has taken air samples and analysis is ongoing to determine what, if […]
By John Lee. US-based engineering firm Devco has shipped $53 million worth of equipment to the Mishraq State Sulfur Mine in Mosul. This is the second major shipment from Devco’s $78.6 million order from the Iraqi Ministry of Industry. This contract, part of ongoing rehabilitation of the mine, is the largest contract awarded by Iraq’s […]
By John Lee. The board of the Export-Import Bank of the United States (Ex-Im Bank) voted to guarantee a JPMorgan Chase loan totaling $35 million to Devco International LLC (Devco) of Tulsa, Okla., for the design and construction of a sulfur purification plant in Mosul, Iraq. Ex-Im Bank's financing will support approximately 380 U.S. jobs, […]
Bloomberg reports that a company called Devco International has signed a $78.5 million contract to supply and install a sulphur purification system at a state-run plant in northern Iraq. The contract was for a turn-key installation of a sulfur purification system including sulfur filtration, sulfur recovery unit, and submerged combustion distillation unit. The purification unit […]
