Cement News tagged under: Iraq
Iran exports 5.84Mt of cement in five months22 September 2020, Published under Cement NewsIran has exported more than 5.84Mt of cement worth US$127.99m during the first five months of the current Iranian calendar year (20 March-21 August 2020), according to data from the Islamic Republic of Iran Customs Administration (IRICA). Iraq, Kuwait and Afghanistan were the top importers of cement from Iran during the period. As recently announced, the production of major construction industry materials is more than double the country's demand. "In this area [the construction industr... |
Lucky Cement profits fall to PKR3.34bn in FY2026 August 2020, Published under Cement NewsLucky Cement Ltd has announced dismal financial results for FY19-20 (July 2019-June 2020). The company earned an after-tax profit of PKR3.34bn (US$19.8m) as compared to PKR10.49bn, reported during the same period in the previous financial year. The company attributed the drop in the profitability for the last three years mainly to increased capacities coming online locally, which has put downward pressure on margins, while input costs have continued to increase. However, as the local deman... |
The Cement Producers Association of Iraq joins the WCA as affiliate member13 May 2020, Published under Cement NewsThe World Cement Association announced today that it is welcoming the Cement Producers Association of Iraq (CPAI) as an affiliate member of its international network. Affiliate membership is designed for regional or national cement associations and other partner groups, which are not-for-profit organisations working in areas related to the objectives of the WCA. "In these challenging and uncertain times, it's more important than ever that organisations and individuals from across the glob... |
Building Iraq’s road to prosperity07 January 2020, Published under Cement NewsWith post-war reconstruction continuing in Iraq, the cement and concrete industries play a key role. ICR speaks with Khaled El Dokani, Lafarge Iraq’s country CEO, about solid indications of market growth, the company’s contribution to the development of the local cement industry and challenges faced in building Iraq’s road to prosperity. Khaled El Dokani, CEO of Lafarge Iraq ICR: Can you provide a brief overview of the cement sector in Iraq: what does the industry landscape loo... |
Iran to invest US$35m in new Iraqi plant26 November 2019, Published under Cement NewsKhuzestan province is to invest US$35m in the construction of a cement plant in Al-Emareh, Iraq, announced the province’s Deputy Governor General for Coordinating Economic Affairs, Nourollah Hassandeh. The project was launched five years ago following talks between Khuzestani and Iraqi officials and is currently in its final stages, reports the Islamic Republic News Agency (IRNA). "If Khuzestan to be able to provide Iraq with its required raw materials for construction of the cement plan... |
Iran faces higher transportation costs for exports to Iraq31 October 2019, Published under Cement NewsIran is facing difficulties in its cement exports to Iraq, including issues with costs, weight of exports and transportation, according to Ali Mohammad Bod of the Tehran Cement Co and cited by Trend News Agency. “The volume of cement exports has been reduced while the volume of clinker has increased," he said, because the price of clinker is based on the supply and demand. In addition transportation by land and sea have also increased and caused certain issues, Mr Bod told the news agency... |
Lucky Cement updates progress on overseas and local projects16 September 2019, Published under Cement NewsLucky Cement is currently implementing two cement projects: the overseas cement plant in Samawah in Iraq and the 2.6Mta brownfield cement plant expansion in Khyber Pakhtunkhwa province, Pakistan. According to Lucky Cement's annual report for 2019, the first shipment of plant and machinery from Sinoma to the Samawah site is expected to start of October 2019. Commissioning will take place in FY20-21. Similarly, the letter of credit for the power plant in Iraq has been established and s... |
ASEC wins KAR Group order to maintain Erbil plant16 September 2019, Published under Cement NewsArab Swiss Engineering Company (ASEC) and the Iraqi conglomerate KAR Group have announced signing a three-year agreement for the operation and maintenance of Qarachough cement plant. The 1.9 Mta facility is situated near Erbil city, Iraq. The cooperation between the two companies comprises human resources support in which ASEC has assisted KAR in the selection and recruitment of domestic calibres, in addition to the design and execution of tailored manpower development programmes. The O&... |
Attock Cement's grinding unit starts production in Iraq02 September 2019, Published under Cement NewsAttock Cement Pakistan Limited (ACPL) has informed the Pakistan Stock Exchange (PSX) that commercial production from its newly constructed 0.9Mta cement grinding unit in Basra, Iraq, commenced on 1 September. ACPL has succeeded in exporting a huge quality of clinker and cement both in bags and bulk to UAE, South Africa, Iraq, Sri Lanka and many other countries. In addition, the company also produces low-alkali cement. It is a member company of Pharaon Commercial Investment Group, pre... |
Iraq approves investment to reconstruct Kufa cement plant22 August 2019, Published under Cement NewsIraq’s Finance Ministry has approved a US$60m investment to reconstruct a government-owned cement plant in the south-central Najaf governorate, according to Zawya. Work on the rehabilitation and rebuilding of the Kufa cement plant is expected to begin once the funds are released within the next few days. Fadhil Al-Fatlawi, a member of the Parliament's Labour and Social Affairs Committee, has noted that the plans are part of the government’s plan to restore all war-damaged factories. While ... |