Iraq: Badoush Cement Factory destroyed in struggle for Mosul
Reports from Iraq indicate that Badoush Cement Factory has been destroyed in the fighting resulting from the Iraqi government’s efforts to retake western Mosul from Islamic Stat...
Iraq
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Lucky Cement: Karachi expansion scheduled for end-2017
Lucky Cement Ltd is currently undergoing a series of investments in capex projects. Its 1.25Mta Karachi plant expansion poject is scheduled to be operational by the end of 2017,
Iranians advised to view Iraqi cement as an investment opportunity
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.
Lucky Cement sees half-year profits rise 12.5% to US$67m
Lucky Cement has announced that its profits rose by 12.5 per cent YoY in the last six months of 2016 to PKR7bn (US$67m).
Iran: IME to resume cement trading
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...
Pakistan: Lucky Cement considers buying Hattar plant and investing in Iraq
Lucky Cement has announced that it has begun the due diligence process for the purchase of Dewan Cement’s 1.134Mta Hattar plant and that separately it would look to expand its g...
FLSmidth secures US$200m contract with Iraq Cement
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 t...
Lafarge Iraq signs transportation deal
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 ...
Kurdistan: new Inekon Group plant
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 Kurd...
Saman Cement's MD angered by Iraq's high import duties
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 ...