Cement market continues to post strong annual growth. Capacity should increase in the coming years after new plants start production.
Syria’s market demand for cement is expected to reach 6.5Mt in 2007, according to Ahmad Ali Saleh, director general of OMRAN.
The figure is lower than the estimates of most industry analysts, which put annual demand for cement at anywhere between 7 and 8Mt. In 2006, demand for cement stood at 6.2 million tons, Mr Saleh told The Syria Report, meaning that annual market growth would stand at 8 percent this year.
OMRAN is a state-owned institution affiliated to the Ministry of Economy. It is in charge of the distribution of cement and other building materials produced by the plants of the public sector. OMRAN also distributes imported cement.