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 […]
