|
contents | news | |||||||||
| OCI begins cement production in northern Iraq Orascom Construction Industries announced that rehabilitation of the 2.3 million ton per year Tasluja cement factory in Northern Iraq has been completed for a total investment cost of US$ 70 million. An OCI-led consortium was awarded a tax-exempt 12-year lease for the Tasluja cement plant located near the city of Suleimaniyah in the Kurtdistan region of Iraq in November 2004. The OCI consortium includes the Farouk Rasool Group, a prominent industrial group in Northern Iraq. Since the award date, OCI has increased its stake in the leasing vehicle from 51% to 60%. The Tasluja plant has two dry process production lines supplied by ThyssenKrupp Polysius with a designed production capacity of 2.3 million tons annually. write your comments about the article :: © 2006 Construction News :: home page |