[Logo] Cement Plant Forum
  [Search] Search   [Recent Topics] Recent Topics   [Hottest Topics] Hottest Topics   [Groups] Back to home page 
[Register] Register / 
[Login] Login 
Iraq  XML
Forum Index » Projects
Author Message
Admin



Joined: 29/01/2005 12:02:35
Messages: 5486
Offline

SINOMA wins cement contract in Iraq

Recently, China Sinoma International Engineering Co Ltd signed contract with Mass Iraq For Industrial Investment Co to build one 5000t/d cement production line for Sulaymaniyah Cement Plant, which is located at Northeast of Iraq, at a cost of US$127.4 m. The project includes the project design, machinery supply, and euqipment installation and debugging, which should be completed in 24.5 months.
Admin



Joined: 29/01/2005 12:02:35
Messages: 5486
Offline

Lafarge in $450mn Iraq deal

20 August 2007 Cement producer Lafarge is planning two projects worth about $450 million in the Iraqi city of Kerbala, according to an investment bank working with the French company on both deals.

The world's largest cement maker by market value is bidding for $150 million contract to rehabilitate a cement plant in Kerbala with a capacity of 2 million tonnes a year, said Basil al-Rahim, managing partner of Merchant Bridge said.

Lafarge and Merchant Bridge have a licence to build another 2 million tonne-a-year plant in the city, Rahim told Reuters in Dubai on Sunday, estimating that project was worth about $300 million.

"We are working on the cement plant licences in a joint venture with Lafarge and all the permits are in place," he said.

A Lafarge spokeswoman declined to comment in Paris on Monday.

The Iraqi government has opened up the cement sector to foreign firms, hoping they will be keen to join in the reconstruction under way after years of war and sanctions.

The ministry of industry and minerals sold 19 licences for greenfield cement plants in 2005 as part of plans to raise Iraq's capacity to 25 million tonnes a year from about 17 million.

"Only three or four of those licensees have made progress like us," Rahim said.

Egypt's Orascom Construction Industries operates one cement plant in Iraq and is due to complete a second by the end of 2007, according to its Web site.

Rahim said the Lafarge venture would find out next week whether it had been shortlisted to negotiate the rehabilitation of the second Kerbala plant.
Admin



Joined: 29/01/2005 12:02:35
Messages: 5486
Offline

Three Iraqi joint ventures win bids to rehabilitate and operate cement factories in Iraq

Three Iraqi-European joint ventures won bids to rehabilitate and operate three cement factories in Iraq which had halted their activities due to the lack of spare parts, electricity, and expertise.

Iraq's Ministry of Industry issued the bid to rehabilitate and reopen four cement factories across the country two years ago in an effort to restart the countries industrial base, much of which closed down either due to U.N. economic sanctions in the 1990s or in the turmoil following the 2003 U.S. invasion.

Al-Jawhara al-Khalijiyah and its Romanian partner Uzen won the bid to restart the al-Qaim cement plant in far western Iraq near the Syrian border, while Al-Sharq al-Awsat and an unidentified German company will take over a plant in the northern oil hub of Kirkuk.

Finally, an Iraqi company called the Economic Group will partner with the German KHD to work on a factory in al-Muthanna, in central Iraq.

A fourth factory, in the Shiite shrine city of Karbala was not awarded to any bidder "due to the insufficient financial and technical aspects presented by the respective companies," said Fadel Mohammed Jawad, adviser to Iraq's prime minister and head of the Iraqi delegation.

Due to lingering security concerns in Iraq, the government holds its economic conferences and events in neighboring Jordan.

The contracts themselves will be soon signed in Baghdad, said Deputy Minister of Industry Mohammed al-Ani.

The conditions of the contract stipulate that the Iraqi government will obtain between 30-45 percent of the cement production free of charge for the next 15 years and each factory must reach an average production of 1.8 million tons annually.

Iraq is eager to restart its moribund industrial sector in no small part because nearly half the work force is unemployed, contributing to the anti-government insurgency.
Admin



Joined: 29/01/2005 12:02:35
Messages: 5486
Offline

Iraq picks 3 firms for cement joint ventures

Iraq awarded production sharing deals to renovate three of its largest state-owned cement firms in the first such joint venture deals with private and foreign investors, a senior industry official said on Friday.
Three Iraqi-led consortiums -- out of 8 that bid -- backed by Romanian Uzein Export-Import, Lebanon's Seament and Germany's KHD won the 15-year contract to upgrade the cement factories in Samawa in the southern Muthanna region, Kirkuk in the north and al-Qaim near the Syrian border in western Anbar province.
Adel Karem, deputy minister of Industry and Minerals, said the three firms had accepted production sharing terms of 30 to 45 percent of their plant's output free of charge to the government after a 3-year rehabilitation plan to brings back capacity to 1.8 million tonnes annually for each plant.
Karem estimated that every firm would be investing around $150 million to revamp their factories, working at 20 percent capacity due to to lack of parts and electricity shortages.
France's Lafarge bid for the fourth plant near the city of Kerbala was rejected after its 12 percent production sharing offer was considered far too low, officials said
"The offers were below expectations so we will again offer Kerbala to get the best offer," Karem told Reuters in Amman.
Iraq had been working for the past three years to bring foreign investors to invest as much as $2 billion in its cement factories but political interference and instability has delayed the effort, Karem said.
The current Iraqi cement industry's total production, that includes 17 factories, is between 4-5 million tonnes annually, a fraction of its capacity of 25 million tonnes annually, the head of the Iraqi Cement State Company, Salam Ibrahim, told Reuters.
Before the 2003 invasion, Iraq produced around 10 million tonnes annually of cement, also well below capacity due to decade long economic sanctions.
Sanctions, which brought industries from petrochemicals to construction set up under Iraq's former command economy to a standstill, worsened after the war by electricity shortages and rampant corruption, officials privately say.
Currently Iraq imports around 6 million tonnes annually of cement from neighbouring Syria and Lebanon to cover consumption, Ibrahim added.
The joint venture scheme is a reversal of an earlier U.S. backed policy to pursue an aggressive privatisation that would have offered the 240 public enterprises for sale to foreign investors. These businesses operate with a subsidy and investors would have to keep on a bloated workforce.
Karem said the three cement deals would help jumpstart an ambitious multi-billion dollar plan to open the other state-owned enterprises to joint ventures with international investors in 2008.
"This will allow us to proceed ahead with the other cement firms and then move to other industries to allow us to rehabilitate our chemical and fertiliser industries to accelerate reconstruction efforts," Karem added.
This includes renovating and expanding a chemical plant in Basra in which preliminary talks had begun with Royal Dutch Shell Plc and Dow Chemical Co, he added.
For decades before the 2003 invasion, oil-rich Iraq had invested billions of dollars to set up a massive industrial base that once made it a major regional economic powerhouse.
Admin



Joined: 29/01/2005 12:02:35
Messages: 5486
Offline

Iraq: capturing growth and contributing to the country’s reconstruction

The new Bazian plant, inaugurated on April 8th, 2009, is located in the Iraqi Kurdistan region and results from the acquisition of Orascom Cement. With an annual capacity of 2.5 million tons of cement, it meets the country's growing need for building materials: the cement market is growing by 15% per annum in Iraq. We examine the state of the Iraqi market and the challenges of emerging markets for the Lafarge Group.
Admin



Joined: 29/01/2005 12:02:35
Messages: 5486
Offline

MerchantBridge focuses on Middle East investments, invests $1.5bn in debt and equity in Iraq

MerchantBridge, a direct investment and private equity company focused on Middle East investments, has now invested and managed in excess of $1.5bn in debt and equity in Iraq.

MerchantBridge has recently been awarded an existing cement plant contract under a 15-year lease in the Kerbala Governerate, 80 miles south west of the capital Baghdad. The contract was awarded by the Government of Iraq's Ministry of Industry and Minerals.

This transaction marks the largest privatization and debt arrangement in Iraq (outside oil and gas), as well as the largest contract in the Middle East region so far this year. The plant will go through a complete rehabilitation program via an investment of $200m and it is expected the facility will achieve production in excess of 1.8 million tons per year. By 2013 the rehabilitated plant could contribute approximately 10% of the total cement market in Iraq. Lafarge, the world leader in cement production, is joint partner and will be operating the plant.

The plant has been damaged by years of underinvestment and lack of spare parts and is operating at 300,000 tons per year, which is well below capacity. Domestic production currently meets around half of the local demand, a trend which is expected to continue for the coming decade.

The current Kerbala project has already attracted investment interest from foreign direct investors, including the International Finance Corporation ("IFC"), the private arm of the World Bank, and France's Proparco, which is 67% owned by the French Development Agency ("AFD").

MerchantBridge is now embarking on a targeted campaign in the GCC to highlight the opportunities Iraq offers and actively encourage investment in what it considers the first 'live' opportunity for regional investors in the country.

Mr. Basil Al-Rahim, MerchantBridge's Chief Executive Officer, confirms:

"Our strategy is to engage GCC and MENA investors and partner them on entering the Iraq market. The potential there is huge. With projects such as the Kerbala plant, MerchantBridge is at the forefront of creating unique investment opportunities, from their inception, identification of partners, deal development and on right through to the end."


MerchantBridge with its extensive experience and knowledge of Iraq, has generated substantial returns for its investors, as well as establishing a number of partnerships with international companies in Iraq. In 2003 and 2004, it advised the Iraqi government on the leasing of 35 state-owned enterprises in several economic sectors.

Mr. Ameen Killidar, Managing Director, explains, "Iraq represents a unique opportunity for early investors given the expected economic growth to be generated by the massive investments announced by the IOCs and the large government reconstruction plan."

The Iraqi government has estimated $180bn of investment is needed over four years to fulfil its reconstruction and infrastructure programme, targeting sectors that will create a heavy demand for cement.

Mr. Killidar added, "The Kerbala cement plant is strategically located to serve the needs of the entire south of Iraq and is one of the few plants which can produce specialised cement for dams, bridges, ports, airports, oil installations and any other construction where ordinary cement cannot be used. Our market potential is enormous, especially when you consider the needs of the international oil companies which have recently signed contracts with Iraq. The plant is already operating albeit at a much reduced rate due to lack of investments since the early 1990's. The qualified workforce is already present and the new capital will ensure that the plant is brought up to the latest standards."

Construction and infrastructure are expected to remain the driving force in Iraq over the coming decade, with over $140bn of projects already announced, of which $60bn is from GCC investors.
fullblack



Joined: 20/05/2010 08:42:02
Messages: 2
Offline

Ersel heavy machinery inc. vertical roller mills, Ball mills, Cement Mills, Carbon Mills, Lime plant, Bor mining plant, Crusher
[Thumb - 3.jpg]

[Thumb - 1.jpg]

[Thumb - 6.jpg]

This message was edited 1 time. Last update was at 20/05/2010 08:53:41

Admin



Joined: 29/01/2005 12:02:35
Messages: 5486
Offline

CNBM wins $250 mln cement factory contract in Iraq

Project worth $250 million with Iraqi partners

Target is 2 million tonnes of cement a year in three years

China National Building Material Co Ltd <3323.HK> started work on a $250 million project to build a cement factory in Iraq, as the war-torn country looks set to start rebuilding, which could lead to a construction boom.

The Chinese company has an Amman-based Iraqi partner, the al-Doh company, which would provide the investment funds while the Chinese firm built the plant, Adel al-Yasiri, head of the Muthana province Investment Commission said on Monday.

The factory, to be built near the city of Samawa in the southern Iraqi province of Muthana, will start producing cement in a year-and-a-half, with an initial production target of 1 million tonnes a year, growing to 2 million tonnes in three years.

The plant will employ just under 1,000 people.

"It is the first factory of its kind to be established in Muthana for this amount of money," said Yasiri.

Iraq imports about 10 million tonnes of cement each year and consumes around 15 million tonnes. Demand is expected to soar once rebuilding gets into gear after years of war and under-investment, which has left a housing shortage that could be as high as three million homes.

Earlier this year, France's Lafarge <LAFP.PA>, the world's largest cement maker, won a $200-million contract to renovate an Iraqi cement plant in the southern city of Kerbala.

The country has multibillion-dollar oil deals in the pipeline, but analysts said it had to grow its non-oil sector in order to have a viable economy and reduce unemployment, which is still high seven years after the U.S. invasion.
Admin



Joined: 29/01/2005 12:02:35
Messages: 5486
Offline

Cabinet approved new Cement plant in Iraq

The Iraqi cabinet has approved the grant investment license for the establishment of a cement unit in the province of Diwaniya in partnership with an Italian company. The project entails an investment of $ 692 million. Prime Minister and government spokesman Ali al-Dabbagh said in a statement the Council of Ministers decided to approve the grant of investment license for the establishment of a cement plant in the province of Diwaniyah.

The Council stipulated that "the actions taken by the National Investment Commission in accordance with the mechanisms adopted in the verification of the conditions to be met by the investment, as well as the possibility of technical, financial companies in the project."

Admin



Joined: 29/01/2005 12:02:35
Messages: 5486
Offline

IFC, a member of the World Bank Group, is providing a US$50 million loan to cement and construction materials supplier Lafarge to support the French company’s cement subsidiary in northern Iraq and spur economic recovery in the post-conflict country.

IFC’s loan to Bazian Cement Company is supplemented by an additional US$20 million loan by Proparco, a development financial institution funded by private shareholders and the Agence Francaise de Développement.

As Iraq emerges from over two decades of conflict, construction needs are great, with large investments expected in key projects such as housing, schools and roads. The loan will help increase the supply of quality cement and reduce the acute domestic supply gap. IFC and Proparco will also work with the company to implement an environmental and social strategy to help align the company with international sustainability standards.

“This financing will help address the cement shortage that the country urgently needs to build key infrastructure, and will play a catalytic role in attracting other potential foreign investors into other sectors in Iraq, increasing much-needed foreign direct investment into the country,” said

Dimitris Tsitsiragos, IFC Vice President for Eastern and Southern Europe, Central Asia, Middle East and North Africa.

Last year, IFC committed US$2 billion worth of investments, including mobilisation, in the Middle East and North Africa. Many of those initiatives were designed to spur economic development and promote investment in countries whose economies have struggled in the wake of recent political developments. Over the next three to four years, IFC expects to invest up to US$6 billion, including US$2 billion in mobilisation, in the Middle East and North Africa.

Admin



Joined: 29/01/2005 12:02:35
Messages: 5486
Offline

Iraq receives offers for new cement plants

Korean firms express interest in building plants in Basra and Muthanna
Admin



Joined: 29/01/2005 12:02:35
Messages: 5486
Offline

IFC to loan money for Iraqi cement project

Lending unit will extend $70 mm for rehabilitation of Karbala Cement plant.
Admin



Joined: 29/01/2005 12:02:35
Messages: 5486
Offline

Chinese and Iranian companies have released information on two new projects in Iraq. Chinese cement equipment provider Sinoma has signed a contract with the Faruk Investment Group to build a cement clinker production line and the Islamic Republic News Agency has reported Iran's intention to build a 2Mt/yr plant.

Sinoma's project seems targeted at the domestic market. It is based at Sulaymaniyah, at one of Faruk Group's two plants that it runs with Lafarge near the northern Kurdish city. Lafarge also runs a third plant in Kerbala that announced the arrangement of a US$70m loan for renovations in January 2013. Lafarge holds a cement production capacity of 6.5Mt/yr, 20% of Iraq's total installed capacity of 32.5Mt/yr. Although, following years of neglect installed capacity and actual cement produced can vary significantly. Faruk Group's decision to choose Sinoma marks a move away from the German firm ThyssenKruppPolysius whom they have used previously. The new line will be Sinoma's seventh in Iraq through its Nanjing subsidiary.

Meanwhile, the Iranian project carries more international motives because the clinker for the plant will come exclusively from Iran. The build is based in the southern Muthanna province and is being overseen by the Iranian Azar-Abadegan Khoy cement plant. As reported in late January 2013, clinker stocks rose in Iran due to a decline in cement demand in the country. Iraq is one of the countries Iran has been able to export cement to during the 2012 – 2013 Persian year. In this context expanding into Iraq makes a lot of sense to combat potential Iranian overcapacity.

In addition all the products made at this plant will carry Iranian branding. Given that this plant is in southern Iraq relatively near to the Saudi border this will complicate any plans to sell stock across the border. As we report this week in Global Cement Weekly, Saudi cement producers have been asked to build reserves of cement to manage the shortage better.

Both projects reveal some of the issues facing Iraq's cement industry, specifically Iraq's redevelopment and the pressures it faces lying between massive demand for cement in Saudi Arabia and overcapacity in Iran. After years of low capacity utilisation rates, Iraq is predicted to hit a production capacity of 22Mt/yr by the end of 2014 with demand expected to reach 35Mt/yr.
Admin



Joined: 29/01/2005 12:02:35
Messages: 5486
Offline

Iran to build 2Mt/yr cement plant in Iraq


Iraq: Iran plants to build a 2Mt/yr cement plant in Iraq, according to the Islamic Republic News Agency (IRNA). The project will cost around US$245m with an opening date set for 2015. Cement produced at the plant will be exported using Iranian brand names.
Admin



Joined: 29/01/2005 12:02:35
Messages: 5486
Offline

Iraq

On 15 March, the 2 x 60 tph cement grinding station project contracted by Sinoma Tianjin was issued FAC, which signifies acceptance by the employer and enters into a 1-year quality guarantee period.

This project commenced on 28 June 2012. At the end of June 2013, the first shipments of equipments were delivered to the site, while the second shipment was delivered on 28 September. On 16 January 2014, cement mill 426 was put into production and cement mill 416 was successfully put into production on 18 February. The mills passed their 72-hour acceptance tests on 27 February and 8 March, respectively.

This was Sinoma Tianjin’s first project in Iraq.
 
Forum Index » Projects
Go to:   
CementPlant.com | Cement Plant Resources and Links
2014 - Cement Plant Forum