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Lafarge to operate upgraded cement plant in Iraq aiming to produce 1.8mn tones of cement a year by 2013

Posted on : 16 Jun, 2010

 

“Iraq produced 7-million tones of cement a year, but demand was about double that amount”

MerchantBridge

 

 

A summary of an online report posted on Technical Review Middle East stated Iraq is set to look into major reconstruction efforts as it seeks to rebuild the country. Iraq has awarded UK investment and private equity company MerchantBridge a contract to upgrade a large cement factory. MerchantBridge is in partnership with France’s Lafarge to operate the plant, and aims to produce 1.8mn tones of cement a year by 2013.

 

A partner at MerchantBridge commented that “over the next three years, there’s going to be a major supply-demand gap”…

 

Click here to access the full article.

 

Key session on Iraq and the future of its cement market, in particular their demand/supply balance and capacity outlook is just one of the highlights at 5^th Middle East CemenTrade to be held on 20 - 21 September at the Dead Sea, Jordan.

 

Click here for more information on program agenda & speakers.