Displaying items by tag: Iraqi Cement

Iraq: The Central Anti-Corruption Criminal Court has sentenced former Iraqi Cement executive director Baha Abed and general manager Ali Hadi to six years in prison. According to the National Iraqi News Agency, Abed appointed Hadi as general manager in exchange for Hadi referring the company’s equipment contracts to Abed’s own companies.

Iraq: China’s Sinoma International Engineering has signed a contract to build a 6000t/day clinker production line for Iraqi Cement near Samawah in the Al Muthanna Governorate. The deal has a value of US$246m. The contract includes the entire production process from quarry to finished packaging of cement products. Once the contract is finalised and the customer’s credit secured then the project is expected to take 37 months to be completed.