Friday, October 8, 2010

IRAQ: Iraq allocates $ 670 million to build cement plants in Muthanna and Karbala

Begin within days building a cement factory in the area of Alvdop (20 km west of the city of Samawah, Al Muthanna province of Iraq), to produce one million tons annually, at a cost of $ 200 million. The plant Hoalthani of its kind in the province, as initiated the company «CNN BMW» Chinese establishing a cement plant Aldouh, through August (August) last, for the investor Iraqi Hatem Al Khawam a cost of $ 270 million, and a production capacity of about two million tons annually.
Officials in the county, said the two projects will contribute to the development of the cement industry, where, and revive its economy by attracting foreign capital, and providing job opportunities for their children.
The company «Lafarge» French cement plant received the Karbala (100 km south of Baghdad) in a ceremony at the plant this week in the presence of French officials. The Ministry of Industry and Minerals has signed a contract on April 28 (April) the past, with the French company and «pioneer» Iraq to rehabilitate the cement plant of Karbala and its operation, and purpose of the Compact which has a duration of 15 years, to increase the production plant of 300 thousand tons annually to 1.8 million during the 30 months.
The Deputy Chief Executive Officer of the company «Lafarge» Scattered Rowe, said the company has allocated 200 million dollars (about 236 billion dinars) as the value of investment of the plant, which contributes to reduce Iraq to import cement.
He added that the company will build a plant to generate electric power 45 MW, in addition to some investment land and sites surrounding the lab.
The cement plant consists of Karbala, the two produce cement resistor, and works the way dry, and was designed to produce 19.2 million tons - clinker, and two million tons of cement annually resistant. And is located at a distance of 90 km from the city of Karbala in a region rich in raw materials, cement industry, you need the resistor, such as limestone, gypsum and sand.
Iraq needs now to build two million housing units to address the worsening housing crisis, in addition to the extensive rehabilitation of the infrastructure, which increases the need to build new cement plants, and rehabilitation of many of the previous labs, in order to fill the need it.

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