A consortium of ASEC Cement and Iraq’s Qemmet El-Iraq has won a contract to rehabilitate and manage for 14 years the Muthanna cement plant in Muthanna Governorate, Iraq.
“We are delighted to be entering this new market with a high-profile project that is economically vital to Iraq,” said ASEC Cement representative. “Iraq has embarked on a robust plan to rebuild and modernise its infrastructure and has launched major housing, industrial, and community projects. The rehabilitation of Muthanna is an important part of Iraq’s investment in bridging the supply gap, particularly in the south.”
Muthanna Cement is one of seven plants controlled by Southern Cement Company. Built in the 1980s, the plant has a total clinker and cement design capacity of 1.92Mta and 2Mta, respectively. As a result of economic sanctions on Iraq in the 1990s, the company’s current production is around 20 per cent of its design capacity.
The consortium won the Muthanna contract following an international tender; work will begin in 2Q14, with a view to reaching the full 2Mta production capacity by August 2016.