Cement News tagged under: Iraq
Sinoma to build cement plant in Iraq12 July 2023, Published under Cement NewsSama Samawa Industries Commissioner revealed an agreement with Sinoma to establish a cement factory in Muthanna Governorate, southern Iraq. While stating that the production will reach 7000tpa, the director of the Chinese company affirmed that the factory will be operational by 2025. Taha Mashat, commissioner of Sama Samawa Industries, stated: "The project aims to produce various types of cement, with daily production reaching 7000t and an annual output of 2Mt." Mr Mashat added, "The c... |
Attock Cement sells Iraqi unit for US$11.7m22 June 2023, Published under Cement NewsAttock Cement Ltd of Pakistan has updated Pakistan Stock Exchange (PSX) about selling its 60 per cent share in its Iraqi grinding plant on 21 June 2023. Company Secretary, Irfan Amanullah, has informed PSX that the agreement for the sale of the entire shareholding of the company in its subsidiary ‘ Saqr Al Keetan for Cement Production Co Ltd ’ reached, and the company has received a sum of US$11.700m as a consideration against the sale of 9m shares. The company will be sold to two bu... |
Lucky to add a new clinker line of 1.82Mt in Iraq19 May 2023, Published under Cement NewsGM Finance and Company Secretary, Faisal Mahmood, of Lucky Cement Ltd ( Yunus Brothers Group ) informed Pakistan Stock Exchange (PSX) on 18 May that the company has made a 1.82Mta expansion plan with its joint venture partner in Samawah, Iraq, taking the total capacity under its clinker production company Najmah Al Samawah to 3.13Mta. It will coincide with the increasing cement demands in Iraq. The management expects the plant to be completed in 18 months, as per PSX notice, after... |
Attock Cement to sell its 60% share in Iraqi plant09 May 2023, Published under Cement NewsAttock Cement Pakistan Ltd (ACL) is expected to hold an Extraordinary General Meeting (EGM) of the shareholders on 25 May 2023, to consider and, if deemed fit, to pass a resolution of disposal and to enter into a share purchase agreement 18m shares held by the company in its subsidiary, Saqr-Al-Keetan cement grinding unit in Iraq. The grinding plant has a cement capacity of 540,000tpa and was set up in 2019. ACL will sell 60 per cent of the entire share capital of Saqr Al-Keeta... |
IFC loan proposed for new Al Douh Cement production line16 November 2022, Published under Cement NewsIFC is proposing a corporate loan of up to US$65m to Al Douh Cement Co , one of the leading producers of cement in Iraq, to finance the company’s planned expansion of its production capacity. The project envisages the construction of a new production line of sulphates-resistant cement within the same site, with a capacity of 2Mta. The new line will be equipped with a kiln fuelled by natural gas and powered by a 50MW captive gas fired power plant, which will be built as part of the pro... |
Middle East: diversification is key22 November 2021, Published under Cement NewsFollowing years of conflict, the potential for cement demand in the Middle East is huge. Add to this the drive by governments to develop and expand various industries to reduce their reliance on oil and gas revenues. Meeting this demand, however, requires investment at a time when state revenues have plummeted and the region is facing escalating humanitarian crises. Global oil prices declined by more than 50 per cent in March 2020 as lockdown measures grounded international flights ... |
Gasin Cement’s road to RDF19 October 2021, Published under Cement NewsFaruk Investment Group (FIG) has recently launched a mechanical biological treatment facility in the city of Sulaymaniyah, northern Iraq. The project aims to tackle the issue of uncontrolled municipal solid waste by converting it into refuse-derived fuel, thereby providing FIG-owned Gasin Cement Co with an alternative fuel source and reducing the environmental impact of waste disposal in the region. By Eng Mohammed Fareed Al Saedi, Faruk Group, Iraq, and Eng Jan Gressmann, Eggersmann Anlagen... |
Iraq's cement association calls for reversal of fuel subsidy decision22 September 2021, Published under Cement NewsIraq's association of cement manufacturers has called on authorities to reverse a decision which has seen a reduction in fuel subsidies for the sector, according to Agence France-Presse. Earlier this month, the oil ministry raised the price of fuel sold to cement manufacturers from IQD150/l (US$0.10) to IQD250, in addition to a previous increase this year. The association has warned that the move risks factory closures or a hike in cement prices by at least US$10/t. "The decision will ... |
Iraq to see new US$250m cement project23 August 2021, Published under Cement NewsIraq has reportedly awarded a project to a Spanish company to construct a cement plant at a cost of around US$250m. Iraqi Industry Minister, Manhal Al-Khabbaz, said the plant in the Nineveh Governorate, northern Iraq, would have an initial capacity of 4000-4500tpd, but could be expanded further at a later date, according to Zawya. The project is expected to complete with the next 2.5 years and produce new types of cement that are not currently available in the country. "This is a sign... |
Eggersmann Group commissions new RDF/MSW plant08 April 2021, Published under Cement NewsEggersmann Group has completed the commissioning of the Middle East's first RDF bio-drying project. The 300tpd RDF plant is situated in Sulaymaniyah, Iraq. The facility is also capable of processing 1040tpd (380,000tpa) of municipal solid waste, reaching an overall landfill diversion up more than 80 per cent through the inclusion of biological drying. The client, a local cement producer, negotiated a 20-year agreement for receiving waste from the municipality at the agreed tipping fee ... |