Cement News tagged under: Iraq

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FLSmidth secures US$200m contract with Iraq Cement

03 November 2016, Published under Cement News

FLSmidth has announced that it has won a contract worth more than US$200m to construct a 6000tpd cement plant in Al Muthana province of southern Iraq. The contract, awarded by the Iraq Cement Company, will see FLSmidth provide equipment, build and commission the plant, and provide training for employees. "By signing the contract, Iraq Cement Co is making the first step in raising financing for the project, which is an important milestone in their pursuit to realise the project. We are ...

Lafarge Iraq signs transportation deal

31 August 2016, Published under Cement News

Lafarge Iraq have signed an agreement with Iraq’s General Company for Land Transportation (GCLT), which is owned by Iraq’s Ministry for Transport, for the transportation of its cement products. The Lafarge deal is the largest in history for GCLT according to an Iraq Business News report. The contract will run for one year, but has the possibility of a five-year extension. Lafarge Iraq operates three cement plants in the country, Bazian and Tasluja located in Sulaimaniyah, Kurdistan, an...

Kurdistan: new Inekon Group plant

15 August 2016, Published under Cement News

Inekon Group has signed a contract for a new plant project in the Iraqi region of Kurdistan worth US$450m. Project Manager, Michal Obrucník, said that the end customer is a Kurdish joint stock company and that it is close to completing talks on project financing. Project implementation is expected to being in September 2016. Commencement of construction of the new plant is forecast for March-April 2017, with completion expected June 2019.

Saman Cement's MD angered by Iraq's high import duties

23 June 2016, Published under Cement News

The managing director of Saman Cement Co, in Kermanshah, West Iran, has said that Iraq's high import duties on cement has put the Iranian cement industry in crisis, reports the Tasnim News Agency. Shahryar Geravandi, the managing director of Saman Cement Co said: "The new policy of the Iraqi government to increase import cement duties has put [Iranian] cement factories in danger, and domestic cement factories are now facing surplus product." Geravandi added that importing to new markets ...

Iran: exporters look to Africa for new markets

15 June 2016, Published under Cement News

Iranian cement producers are looking further afield as the impact of Iraq’s ban on imports shuts them out of their main export market, the Financial Tribune reports. The lifting of sanctions on Iran earlier this year has expanded the list of potential destinations for cement exports. In May, the Iraqi parliament approved legislation banning cement imports in a move designed to protect domestic producers. Iran has hitherto been a major supply to its neighbour: 48 per cent of Iranian export...

Iraq promises to remove Iran import ban

23 May 2016, Published under Cement News

Iraq has promised to remove the ban placed on Iranian cement imports, according to Adolreza Sheikhan, secretary of Iran's Cement Industry Employers Association. Following meetings between Iranian and Iraqi officials, Baghdad promised to give priority to Iranian exports once the general ban on cement import is removed, Mr Sheikhan said. Iran's cement and clinker exports witnessed a 20 per cent fall in the last fiscal year (ended 20 March), now standing at 15Mt.

Iraq ban challenges Iran cement industry

19 May 2016, Published under Cement News

The Iraqi government has passed a bill banning the imports of Iranian cement to protect its domestic cement industry. Mohammad-Reza Lotfi, the deputy head of the Association of Cement Industry Entrepreneurs, said that Iran's cement exports to Iraq amounted to some 7Mt or around 60 per cent of Iranian exports last year. Mr Lotfi said that the only solution is to look for new markets, such as Azerbaijan, Pakistan and Afghanistan.

Gebr Pfeiffer wins another VRM order for Iraqi market

28 August 2015, Published under Cement News

Sinoma (Suzhou) Construction Co has placed an order with Gebr Pfeiffer SE for the supply of an MPS 5000 B to be installed at the Saman cement works in Iraq. The mill featuring an installed drive power of 4000kW will grind ≥500tph of raw materials to a product fineness of ≤10 per cent residue on 80µm. The mill is slated for delivery in 2016. It will be the sixth mill of this type that Gebr Pfeiffer will supply to Iraq via the Chinese general gontractor.

Attock Cement to remit US$24m Iraqi project

16 March 2015, Published under Cement News

Attock Cement Pakistan Limited (ACPL), Pakistan, one of Pakistan’s largest cement manufacturers and exporters, has received government approval to remit US$24m as an equity investment for the establishment of a cement grinding unit in Basra, Iraq. The permission was given by the the country's finance minister, Senator Mohammad Ishaq Dar, who chaired the meeting of the Economic Coordination Committee (ECC) of the cabinet at the Prime Minister’s Secretariat on 15 March.   An official governme...

Lafarge's final full year turnover and EBITDA in decline

18 February 2015, Published under Cement News

Lafarge's turnover eased by 1.9 per cent to EUR12,843m in 2014 and the EBITDA came off 2.6 per cent to EUR2721m, having fallen by 9.4 per cent in 2013. Including share of associates, turnover eased by 0.2 per cent to EUR15,167m and the EBITDA by 0.4 per cent to EUR3091m. The trading profit was off by 2.9 per cent to EUR1,881m, but was 0.4 per cent ahead at EUR2084m including associates and carbon credits received recovered from EUR14m to EUR37m.  Net financial charges declined by a furthe...