Cement News tagged under: Iran

RSS feed

Iran's output falls 4% YoY in 6MFY17-18

22 December 2017, Published under Cement News

The output of Iran’s cement industry fell by 3.7 per cent YoY to 28.5Mt for the first six months of the current financial year (started 20 March 2017), according to Trend News Agency. Despite this decline in output, the country’s capacity has increased within 2017 to 83Mta from 72 plants. Deterioration in Iran’s cement exports means that it lost its 2014 ranking of second-largest exporter in the world. The country slipped to third place in 2016 and is expected to receive eighth place in 2...

Iran exports 7.1Mt of cement in 7FY17-18

15 November 2017, Published under Cement News

Iran has exported cement to the value US$233m in the first seven months of the current financial year (started 20 March 2017). In terms of volumes, 7.1Mt of cement were exported to some 34 countries during this period. Exports included US$5000 of white Portland cement to the US but Iran’s main customer was Iraq, with an offtake of cement to the value of US$64m. Smaller shipments were delivered to Afghanistan (US$46m) and Kuwait (US$23m). In terms of products, white cement was the most...

Iran-Ghanaian joint venture starts construction of new 0.6Mta cement factory

15 November 2017, Published under Cement News

A 0.6Mta cement factory is being set up as a a joint venture between Ghana and Iran, at the Dawa Industrial Enclave, on the Tema-Aflao road, Ghana. The US$30m Ilam Cement factory is expected to be completed in two years. Ghana's Vice President, Dr Mahamadu Bawumia, was at the ceremony that marked the start of the construction. Iran owns 90 per cent shares in the project with Ghana owning the rest. An MoU was signed earlier this year between Ghana and Iran when the Dr Bawumia visited the...

Iran cement production output falls 2.6%

07 November 2017, Published under Cement News

The output of Iranian cement production facilities has fallen by 2.6 per cent YoY. Iran has produced 23.62Mt of cement within the first five months of this financial year, compared to the 24.25Mt produced during the corresponding period last year. Trend News Agency reports that this fluctuation has been common in recent years. In 2014, Iran’s cement production fell by 33 per cent due to weak domestic consumption. Between 2001 and 2017, Iran’s production capacity increased from 29.5Mt t...

Iran: Bagheran cement plant opens new 1Mta line

24 March 2017, Published under Cement News

Iran's President, Hassan Rouhani, has opened the 1Mta Bagheran Cement plant in Asadiyeh, Darmian County, South Khorasan province. The new facility costs approximately US$130m, IRNA reported. Part of the output will be supplied to the domestic market and the rest will be exported to Afghanistan and Pakistan. The project will create direct jobs for almost 350 staff and indirect jobs for more than 2000 people in the region. According to statistics, the country’s cement production capacity ...

Iran: a change in direction?

20 March 2017, Published under Cement News

With a manufacturing capacity of approximately 93Mta, Iran is one of the world’s top cement producers and is the largest cement exporter. However, the prosperity of the sector has been undermined by falling domestic demand and export markets seeing protective measures put in place, all of which is forcing Iran’s cement leaders to adjust to a more challenging environment. The long-term potential of the Iranian cement industry is sound as a young and growing population ensures...

Iran's 11M exports reach 11.5Mt

06 March 2017, Published under Cement News

Minister of Industries, Mining and Trade, Mohammad Reza Nematzadeh, reported that Iran exported 11.5Mt of cement during the 11 months to 18 February 2017. Mr Nematzadeh expects exports to reach 15Mt, production to hit 60Mt and output capacity to stand at 82.5Mta by the end of the current fiscal year (March 20), IRNA reported.

Iranians advised to view Iraqi cement as an investment opportunity

20 February 2017, Published under Cement News

The head of Iran-Iraq Chamber of Commerce, Yahya Al-e Es'haq, has advocated that Iranians should invest in the neighbouring cement market of Iran. "During a meeting with Iraq's minister of industry and minerals, the Iraqis said they intend to make their industries self-sufficient and that they do not want to be a sole importer of goods [such as cement] from Iran," Mr Al-e Es'haq added. "Close to 70 per cent of Iraq’s cement plants are working below capacity and can be revitalised throug...

Iran's cement industry is 'behind the times', says minister

16 January 2017, Published under Cement News

Ambitious government plans were set out to boost cement production capacity to 120Mta from the current 80Mta by the end of 2025, as part of ambitious targets set in the 20-Year Vision Plan (2005-25). However, Minister of Roads and Urban Development, Abbas Akhoundi, has cast doubt on the Industries Ministry’s capacity expansion plan due to the persistent market glut and said the Vision Plan target will be “incredibly difficult” to achieve unless the producers’ mindset and domestic ma...

Iran: IME to resume cement trading

05 January 2017, Published under Cement News

The Iran Mercantile Exchange’s (IME) export trading board, established to curb unhealthy competition among cement producers and other trades, is all set to resume cement trading, the head of the country's Cement Employers Association, Abdolreza Sheikhan, said. Founded in 2006, IME trades in agricultural, industrial and petrochemical products in the spot and futures markets. Iran's cement industry has been dealing with low demand and the consequent liquidity issues for the past few years,...