Displaying items by tag: Iran

Syria: Abdul Qader Jokhadar, the Minister of Industry, has cited using Iran-based expertise in developing filtration system in cement plants to reduce emissions as an example of how the two countries can cooperate. Jokhadar met with Morteza Shahmirzaei, the director of the General Company for Petrochemical Industries and deputy to the Oil Minister of Iran, to discuss industrial development, according to the Syrian Arab News Agency. Other areas of collaboration include manufacturing electric batteries, agricultural machinery, tyres and optical cables.

Afghanistan: Ghori Cement says that its Baghlan cement plants currently produce 600t/day of cement, corresponding to annual production of 0.22Mt/yr. The producer states that production is restricted by shortages of electricity and vehicles. With regular supply of these, it would increase its production by 33% to 800t/day (0.29Mt/yr), according to the company.

Production at the Baghlan cement plants was previously suspended for four months in mid-2022 due to high coal prices. This was resolved when the government began supplying the plants with coal at a pre-agreed price. The plants then reopened with a daily production of 520t/day (0.19Mt/yr), up by 49% from 350t/yr (0.13Mt/yr).

The provincial government said that an upgrade with equipment from China and Iran since increased production by 15% to its present 600t/day (0.22Mt/yr).

Iran: The Iranian Cement Industry Employers Association (CIEA) has warned that 50 cement plants are ‘on the verge of closure’ in early 2023. Asia News has reported that plants’ electricity supply has dropped by 50%, while their gas supply has dropped by 80%. Low winter temperatures have diverted the utilities supplies towards heating homes. Cement producers outside of urban areas are licensed to use fuel oil to power their operations. This would increase their costs, however, due to high transport fees.

Iran: Data released by the Industry, Mining and Trade Ministry reveals that the country produced just over 48Mt of cement in the first nine months of the local calendar year that started on 21 March 2022. This fell slightly, by 1% year-on-year, from the previous year, according to the Tehran Times newspaper. In 2021 the country produced 63Mt of cement and exported 14.4Mt. Exports grew by 4% year-on-year to 7.6Mt in the first seven months of the current calendar year.

Iran: Mehdi Dosti, the governor of Hormozgan Province, says that a new 3000t/day cement plant will be built in the region. Dosti met with the head of Cement Investment Holding to discuss the project, according to the Islamic Republic News Agency (IRNA). The project is intended to increase cement production and create jobs in the province. Currently, Hormozgan Province has a 6000t/day cement plant at the Port of Khamir but cement is also imported into the region.

Russia: The government is ‘working to establish import flows’ of building materials from Uzbekistan. Russian media sources have reported that the construction industry is also hoping to expand import partnerships with China, India, Iran and Turkey. Russian cement production reportedly continues to adequately serve the national demand for cement.

Pakistan: All Pakistan Cement Manufacturers Association (APCMA) members exported 405,000t of cement in February 2022, down by 34% year-on-year from 616,000t in February 2021. Domestic deliveries also dropped, by under 1% to 3.95Mt from 3.96Mt. Amid the declines, Pakistani cement producers have reported a steep rise in their costs due to increases in international freight rates and coal prices and the country’s on-going ban on trade with neighbouring India. Cheaper Iranian cement has undercut Pakistani cement sales to Bangladesh, while the Afghan market has yet to recover following the withdrawal of peacekeeping forces.

Iran/US: The Office of Foreign Assets Control (OFAC) says it has reached a settlement of around US$133,000 with an unnamed US citizen for violating Iranian Transactions and Sanctions Regulations by accepting payment in connection with a clinker deal. OFAC says the individual received payment in the US of around US$133,00 on behalf of an Iran-based company selling Iranian-origin clinker to another company for a project in a third country. Whilst OFAC considered that the individual knew they were flouting the US-based regulations it did view the individual’s apparent minimal benefit from the activity as a mitigating factor. The individual had previously submitted a licence request to OFAC in connection to other transactions but this was denied.

Iran: Ghadir Investment Cement Holding launched its initial public offering (IPO) on 11 December 2021. The Financial Tribune newspaper has reported that the company will seek to sell 5% of its shares. It expects to generate around US$8m from the IPO.

Iran: The Cement Industry Employers' Association has confirmed that cement plants will store heavy fuel oil to cope with a potential shortage of gas in the winter. The association told the Iranian Labour News Agency that plants had been granted permission to store up to 15 days worth of heavy fuel oil following negotiation with the Ministry of Oil. Fuel storage is a sensitive issue locally due to the potential for misuse in the black market. The cement sector faced gas and electricity shortages earlier in 2021.