By John Lee.

The National Investment Commission (NIC) has announced the following investment opportunities:

(Source: National Investment Commission)

(Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)

By John Lee.

China’s Sinoma International Engineering has signed a $246-million contract to build a 6000-tonne/day clinker production line in Iraq.

The plant will be built for Iraqi Cement in the Samawah of Muthanna.

It will handle the entire production process, from raw material crushing to finished cement packaging.

Once the contract is finalised, the project is expected to  be completed within 37 months.

(Source: Shanghai Stock Exchange)

By John Lee.

The National Investment Commission (NIC) has announced new investment opportunities in Iraq:

  1. Glass production, State Company for Glass and Refractories
  2. Overhead Cranes, State Company for Steel Industries
  3. Fallujah Cement Plant, Iraqi State Cement Company

(Source: National Investment Commission)

(Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)

By John Lee.

The National Investment Commission (NIC) has announced six new investment opportunities in Iraq:

  1. New Housing Compounds, Ministry of Water Resources
  2. Lime plant in Karbala, Iraqi Cement State Company
  3. Caustic/chlorine plant in Khor al-Zubair, State Company for Petrochemical Industries
  4. Industrial and medical gases, Al-Zawraa State Company
  5. Chlorine plant in Muthanna, General Company for Mining Industries
  6. Paper sack production, Iraqi Cement State Company

(Source: National Investment Commission)

(Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)

By John Lee.

The National Investment Commission (NIC) has announced five new investment opportunities in Iraq:

  1. Rehabilitation and Operation of Basrah Salt Plant
  2. Investment Opportunity in Rubber Industries
  3. Investment Opportunity in Cement Sector
  4. Rehabilitation of Aluminum Plant/ Ur State Company
  5. Rehabilitation and Modernization of Bentonite Activation Plant

(Source: National Investment Commission)

The Iraqi Cement Company in coordination with the National Investment Commission (NIC) are pleased to announce the investment opportunities for :

  • Fallujah White Cement Plant
  • Babil Cement Plant
  • The Lime Plant in the Holy City of Karbala

We invite specialized Iraqi, Arab and International companies, investors and financers to participate in these investment opportunities to rehabilitate and upgrade these plants, on basis of partnership in management, production and increase of production capacities.

Regarding the needs of these plants productions, the importance of meeting the Iraqi market, the economic feasibility and the privileges achieved to the investor including provision of raw materials at suitable prices.

The investment profile can be obtained from the Iraqi State Cement Company (HQ), at non- refundable price of (150000 I.D) one hundred fifty thousand Iraqi Dinar.

The company is ready to provide detailed information and facilitate the visit to plants.

We would like to mention that offers must match the conditions stated in the investment profile.

Offers must be handed as two separated offers (Technical and Financial) >

All attached document must be certified officially by the official department in the countries related to those companies beside the official Iraqi embassy in that country.

Notice , the price equation of cement is applied to preserve price fluctuation in cement market .

Offers should be presented by the end of the work day of (Wednesday the 3rd May 2017, 12:00 O’clock).

For more details, please visit the company’s website : www.icsc.gov.iq

Or visit the company’s HQ on the following address: Iraq- Baghdad- Al Za’faraniya

Mobile: 009647716620600

E-mail: iraqicement@icsc.gov.iq

(Source: NIC)

(Picture: Kirkuk Cement Plant)

Danish-based FLSmidth has signed a contract worth more than $200 million with the Iraqi Cement Company, to supply a total of 6,000 tonnes of cement per day to the production line for the Al Muthana region.

The contract is a full EPC order, comprising engineering, all FLSmidth equipment supplies, erection and construction, as well as commissioning and training once completed. The cement plant will produce 6,000 tonnes per day and will feature state-of-the-art equipment, including the latest technology to ensure an environmentally friendly and energy-efficient production process.

Group Executive Vice President of the Cement Division, Per Mejnert Kristensen (pictured), said:

By signing the contract, Iraq Cement Co. is making the first step in raising financing for the project, which is an important milestone in their pursuit to realise the project. We are pleased to have been selected to support them on that journey.

“FLSmidth has a long history in Iraq and the Middle East, and is maintaining its leading role in serving the rapidly expanding cement market. The growing economy and increasing infrastructure investments in the region continue to offer business opportunities.

The contract is worth more than $200 million and is among several others, subject to receipt of the down payment by FLSmidth. Until all conditions are met and the contract becomes effective, it will not be part of the order intake. A separate company announcement will be issued when the order becomes effective.

(Source: FLSmidth)