Cement News tagged under: Iraq

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Lafarge Jordan Cement 2011 losses

10 April 2012, Published under Cement News

Lafarge Jordan Cement reported JOD20m worth of losses in 2011 and revenues dropped 21 per cent YoY to JOD134m, according to reports in The National. The company, which once had a monopoly in the country, has been struggling from increased competition ever since a fourth cement factory opened in March last year, while rising costs have impacted revenues. Lafarge Jordan Cement has two plants, in Al Fuheis and Al Rashadiyah, with a combined production capacity of 4.8Mta. Production i...

Falluja Cement factory to be rehabilitated, Iraq

23 February 2012, Published under Cement News

Iraq’s Ministry of Industry and Minerals has signed a 20-year investment contract to rehabilitate the Fulluja Cement Factory, as the country emerges seeks to attract inward investment to accelerate the rehabilitation of the economy. A statement by the ministry said it has “signed a contract with an Iraqi company, backed by Arab and foreign companies, to rehabilitate and operate the Falluja Cement Factory, which ceased its production since 1986 due to technical and economic problems," said...

Iraq – open for business

22 November 2011, Published under Cement News

Last September, a delegation of senior ministers from Iraq’s government convened in London for the first Iraq Mining conference. The message they wanted to convey was that Iraq, after decades of war and uncertainty, is now ready for business. The economy is open to foreign investors, security has improved, and the opportunity is there for those who wish to seize it. In this exclusive report, ICR examines the potential for the cement sector in Iraq. Iraq has experienced unimaginable t...