Iraq: FLSmidth has signed a contract worth more than US$200m with Iraq Cement Co. to build a 6000t/day production line in the Al Muthana region. The contract is a full engineering, procurement and construction order, comprising engineering, all FLSmidth equipment supplies, erection and construction, as well as commissioning and training once completed.
"By signing the contract, Iraq Cement Co. is making the first step in raising financing for the project, which is an important milestone in its pursuit to realise the project. We are pleased to have been selected to support it 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," said Group Executive Vice President of the Cement Division, Per Mejnert Kristensen.