Cement News tagged under: Iraq
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 ... |
Lucky Cement starts commercial operations at Samawah plant12 March 2021, Published under Cement NewsLucky Cement Ltd has announced the commencement of commercial operations of its Samawah plant in Iraq. The company in a notification to the Pakistan Stock Exchange (PSX) on Thursday informed, "We are pleased to announce that the greenfield cement production facility in Samawah, Iraq with a capacity of 1.2Mta has successfully commenced its commercial operations with effect from 10 March 2021." The production facility is a joint venture with the Al-Shamookh group of Iraq. With the l... |
Lucky Cement announces 3.15Mta Pezu expansion02 February 2021, Published under Cement NewsPakistan’s Lucky Cement Ltd has announced a further expansion to its Pezu plant on the back of positive results from the domestic cement sector. "Keeping pace with the increasing demand in the domestic cement industry, on the back of revival of economic activity and uptick in construction projects including both retail level projects as well as mega infrastructure development projects the company has decided to enhance its cement production capacity at its Pezu Plant by 3.15Mta," said the ... |
Lucky Cement's Iraqi clinker plant set for December start-up26 October 2020, Published under Cement NewsLucky Cement Ltd of Pakistan has set a target date of 20 December 2020 for the start-up of its 1.2Mta greenfield clinker unit, in Samawah, Iraq. Lucky Cement 's Chairman, Muhammad Yunus Tabba, and CEO, Mohammad Ali Tabba, informed the Pakistan Stock Exchange (PSX) in a notification of the preferred date for the start-up. This was possible due to an opening of Pakistan's airspace, which enabled additional workforce for the construction of the preheater/kiln, refractory and electrical ... |