Iranians Urged to Make Iraq Cement Investment – Financial Tribune
Iran should invest in the Iraqi cement industry to have a sustained share in the neighboring market, the head of Iran-Iraq Chamber of Commerce said. During a meeting with Iraqs minister of industry and minerals, the Iraqis said they intend to make their industries self-sufficient and that they do not want to be a sole importer of goods [such as cement] from Iran, Yahya Al-e Eshaq added. He noted that the French are securing their foothold in the Iraqi cement market by investing in the sector, hence Iran must follow suit. Close to 70% of Iraqs cement plants are working below capacity and can be revitalized through investments, he said. The improvement in Iraqs security condition is a hopeful sign. We can turn the country into one of our main technical and engineering service export markets for the next 10-15 years, if we can improve bilateral trade relations. Al-e Eshaq emphasized that Iranian investors have to move fast, since improved conditions in Iraq will definitely attract other global competitors. In July 2010, Iraqs Industries Ministry signed a contract with the French company Lafarge to renovate Karbala Cement Factory and raise output from 300,000 tons to 1.8 million tons per year. The French company also invested in three other factories in the province of Sulaymaniyah. In the same year, the firm created Lafarge Iraq as a subsidiary of the Switzerland-based LafargeHolcim Group, a world leader in the building materials industry. It was formed by a merger in 2015 of cement companies Holcim and Lafarge. For years, Iraq was the main destination of Iranian cement and clinkerthe raw material used in the first stage of cement manufacturing. The neighboring country once used to account for nearly 65% of Irans overseas cement shipments. However, since 2015, the rise of IS terrorist group in Iraq and falling oil prices reduced demand for cement in the country. Further exacerbating the situation, the Iraqi government slapped heavy tariffs on Iranian cement and clinker imports, and eventually banned it in 2015, citing poor quality as well as dumping on the part of Iranian producers. Iran is currently the worlds seventh largest cement producer after it dropped three steps last year due to reduced production. Production stood at 58.6 million tons in 2015, down 12% year-on-year, according to Cement Employers Associations data.
Continued here:
Iranians Urged to Make Iraq Cement Investment - Financial Tribune
- Investigating deadly Iraq fire and assessing situation in Syria - BBC - July 18th, 2025 [July 18th, 2025]
- Drone attacks on oil fields in Iraqs Kurdish region shut down facilities - AP News - July 18th, 2025 [July 18th, 2025]
- Over 60 dead after fire rips through shopping mall in Iraq - ABC News - Breaking News, Latest News and Videos - July 18th, 2025 [July 18th, 2025]
- Dozens killed as massive fire rips through shopping mall in eastern Iraq - CNN - July 18th, 2025 [July 18th, 2025]
- Iraq Agrees on Oil Plan With Kurds in Step Toward Export Deal - Bloomberg - July 18th, 2025 [July 18th, 2025]
- Nutley Mayor Kelly to be Deployed to Iraq - TAPinto - July 18th, 2025 [July 18th, 2025]
- More than 60 people killed as fire breaks out in newly opened Iraq mall - France 24 - July 18th, 2025 [July 18th, 2025]
- Funerals held for victims of mall fire in eastern Iraq - AP News - July 18th, 2025 [July 18th, 2025]
- Oil prices barely changed amid disruptions in Iraq and fears of US tariffs - - July 18th, 2025 [July 18th, 2025]
- Iraq draws Saudi Arabia and Indonesia in final World Cup playoff as hope and caution collide - Iraqi News - July 18th, 2025 [July 18th, 2025]
- Over 60 people killed commercial building fire in Iraq - WPLG Local 10 - July 18th, 2025 [July 18th, 2025]
- Fire at newly opened mall in Iraq kills more than 60 people - New York Post - July 18th, 2025 [July 18th, 2025]
- A fire at a shopping center in eastern Iraq kills more than 60 people - The Journal Gazette - July 18th, 2025 [July 18th, 2025]
- Iraq turns to solar energy with 535 government projects and citizen incentives - bne IntelliNews - July 18th, 2025 [July 18th, 2025]
- International community offers condolences and support to Iraq after deadly Wasit shopping center fire - Iraqi News - July 18th, 2025 [July 18th, 2025]
- "Our goal is to make microgreens accessible to every household in Iraq" - Hortidaily - July 18th, 2025 [July 18th, 2025]
- Dozens killed in fire at brand-new mall in Iraq - The Washington Post - July 18th, 2025 [July 18th, 2025]
- Newly opened mall in eastern Iraq in ruins after fire which killed dozens - The Lufkin Daily News - July 18th, 2025 [July 18th, 2025]
- Fire tears through Iraq shopping centre, killing at least 60 video report - The Guardian - July 18th, 2025 [July 18th, 2025]
- UAE Expresses Solidarity with Iraq and Conveys Condolences over Fire at Shopping Mall - Yemen Online - July 18th, 2025 [July 18th, 2025]
- 60 Killed, Many Injured As Huge Fire Breaks Out At Shopping Mall In Iraq - NDTV - July 18th, 2025 [July 18th, 2025]
- More than 60 killed in fire at Iraq shopping mall - nhk.or.jp - July 18th, 2025 [July 18th, 2025]
- Shopping centre fire in Iraq kills more than 60 people - The Globe and Mail - July 18th, 2025 [July 18th, 2025]
- Drone Strikes in Northern Iraq: A Geopolitical Gamble with Oil and Defense - AInvest - July 16th, 2025 [July 16th, 2025]
- How does the PKKs disarmament affect Turkey, Syria and Iraq? - The Conversation - July 16th, 2025 [July 16th, 2025]
- Oilfields in northern Iraq halt operations following drone attacks - Iraqi News - July 16th, 2025 [July 16th, 2025]
- U.S. Firm Steps Up As Iraq Fast-Tracks New Floating LNG Terminal - Crude Oil Prices Today | OilPrice.com - July 16th, 2025 [July 16th, 2025]
- "Our goal is to make microgreens accessible to every household in Iraq" - Vertical Farm Daily - July 16th, 2025 [July 16th, 2025]
- Kurdish separatist fighters in Iraq begin laying down weapons as part of peace process with Turkey - AP News - July 16th, 2025 [July 16th, 2025]
- Several oil fields shut in Iraq's KRG after 3rd drone strike this week | Daily Sabah - Daily Sabah - July 16th, 2025 [July 16th, 2025]
- Drone strikes target three oil fields in northern Iraq - Latest news from Azerbaijan - July 16th, 2025 [July 16th, 2025]
- Kurdish PKK militants begin handing over weapons in cave in Iraq - NBC News - July 16th, 2025 [July 16th, 2025]
- Trkiyes exports to neighbors rise as Iraq leads with $5 billion trade - Trkiye Today - July 16th, 2025 [July 16th, 2025]
- Iraq achieves self-sufficiency in wheat for third year in a row - Iraqi News - July 16th, 2025 [July 16th, 2025]
- Former Harrier pilot who served in Iraq appointed RAF chief - The Telegraph - July 16th, 2025 [July 16th, 2025]
- In Iraq, drought threatens water supply and ancient heritage - France 24 - July 16th, 2025 [July 16th, 2025]
- Iraq seeks to foster ties with Islamic Azad University in emerging technologies - Tehran Times - July 16th, 2025 [July 16th, 2025]
- Azerbaijan and Iraq expand legal cooperation through high-level judicial talks [PHOTOS] - AzerNews - July 16th, 2025 [July 16th, 2025]
- Kurdish PKK militants burn weapons in Iraq to launch disarmament - Reuters - July 14th, 2025 [July 14th, 2025]
- Iran is losing its stranglehold over Iraq - The Economist - July 14th, 2025 [July 14th, 2025]
- Erdoan calls for Turkish-Kurdish-Arab alliance, as PKK holds disarmament ceremony in Iraq - World Socialist Web Site - July 14th, 2025 [July 14th, 2025]
- Kurdish separatist fighters in Iraq begin laying down weapons as part of peace process with Turkey - ABC News - Breaking News, Latest News and Videos - July 14th, 2025 [July 14th, 2025]
- Iraq to establish first seed bank in the region - Iraqi News - July 14th, 2025 [July 14th, 2025]
- In a ceremony Friday in Iraq members of the Kurdish rebel group PKK destroyed their weapons - IslanderNews.com - July 14th, 2025 [July 14th, 2025]
- Kurdish PKK fighters burn their weapons at disarmament ceremony in Iraq - The Times of Israel - July 14th, 2025 [July 14th, 2025]
- Russia, Myanmar, Somalia, Iraq, Lebanon, and Venezuela Designated Extreme Risk Zone as US Urges Citizens to Cancel All Travel Plans This Summer: Heres... - July 14th, 2025 [July 14th, 2025]
- PKK terrorists begin disarming in Iraq as 1st step toward dissolution | Daily Sabah - Daily Sabah - July 14th, 2025 [July 14th, 2025]
- Kurdish PKK militants begin handing over weapons in northern Iraq - The Arab Weekly - July 14th, 2025 [July 14th, 2025]
- Russia 1, Iraq 2, Saudi Arabia 3..., despite threats from US, India buying huge amount of oil from..., which - India.Com - July 14th, 2025 [July 14th, 2025]
- Stop Analogizing Iraq in 2003 to Iran in 2025 - RealClearDefense - July 12th, 2025 [July 12th, 2025]
- PKK fighters pile up their weapons in arms amnesty in Northern Iraq - CNN - July 12th, 2025 [July 12th, 2025]
- Leveraging Irans Defeat to Strengthen U.S.-Iraq Security Relations - The Washington Institute - July 12th, 2025 [July 12th, 2025]
- PKK militants in Iraq begin laying down arms as part of peace process with Turkey - MSN - July 12th, 2025 [July 12th, 2025]
- Explosive drone downed near Kurdish Peshmerga forces in Iraq's Kirkuk province - The Jerusalem Post - July 12th, 2025 [July 12th, 2025]
- Kurdish PKK militants burn their weapons at symbolic ceremony in Iraq - Stockholm Center for Freedom - July 12th, 2025 [July 12th, 2025]
- Kurdish separatist fighters in Iraq begin laying down weapons as part of peace process with Turkey - Northeast Mississippi Daily Journal - July 12th, 2025 [July 12th, 2025]
- Kurdish separatist fighters in Iraq begin laying down weapons as part of peace process with Turkey - PinalCentral.com - July 12th, 2025 [July 12th, 2025]
- PKK fighters in Iraq burn weapons in disarming ceremony - Yahoo - July 12th, 2025 [July 12th, 2025]
- Explosive drone downed near military base in northern Iraq - Latest news from Azerbaijan - July 12th, 2025 [July 12th, 2025]
- Kurdish Separatist Fighters in Iraq Begin Laying Down Weapons as Part of Peace Process with Turkey - The National Herald - July 12th, 2025 [July 12th, 2025]
- Kurdish separatist fighters in Iraq begin laying down weapons as part of peace process with Turkey - Corsicana Daily Sun - July 12th, 2025 [July 12th, 2025]
- Historic Moment as PKK Members Begin Disarming in Northern Iraq - tovima.com - July 12th, 2025 [July 12th, 2025]
- Trump announces tariffs on six more countries including Philippines and Iraq - The Indian Express - July 10th, 2025 [July 10th, 2025]
- Trump announces new tariffs including for Iraq, Brazil and the Philippines - Al Jazeera - July 10th, 2025 [July 10th, 2025]
- Twelve Turkish soldiers killed by gas exposure during cave search in Iraq - Reuters - July 10th, 2025 [July 10th, 2025]
- PKK Disarmament to Take a Few Months in Iraq, Turkey Ruling Party Says - U.S. News & World Report - July 10th, 2025 [July 10th, 2025]
- America and Israels plan to destroy Iraq, Syria and Iran set the entire Middle East on fire - Analyst News - July 10th, 2025 [July 10th, 2025]
- Iraq: Protecting womens rights, reforming law - The Lutheran World Federation - July 10th, 2025 [July 10th, 2025]
- Harsanyi: Trump learned the lessons of Iraq - The Detroit News - July 10th, 2025 [July 10th, 2025]
- PKK disarmament to take a few months in Iraq, Turkey ruling party says - The Mighty 790 KFGO - July 10th, 2025 [July 10th, 2025]
- Trump hits Iraq with 30% tariffs as he releases 7 new letters - Global News - July 10th, 2025 [July 10th, 2025]
- Five Turkish soldiers killed by methane gas during northern Iraq cave search - France 24 - July 10th, 2025 [July 10th, 2025]
- Watch Trump Reveals New Batch of Tariffs From Iraq to Philippines - Bloomberg.com - July 10th, 2025 [July 10th, 2025]
- Trump slaps new tariffs on Sri Lanka, Iraq, 5 other countries with a warning: If you raise your - The Economic Times - July 10th, 2025 [July 10th, 2025]
- Iraq committed to ending Kurdistan salary deadlock - Shafaq News - - July 10th, 2025 [July 10th, 2025]
- Trump enforces new tariffs on Iraq, five other nations - Shafaq News - - July 10th, 2025 [July 10th, 2025]
- Iraq steers clear of Khor Abdullah crisis amid fears of Trumps reaction - The Arab Weekly - July 10th, 2025 [July 10th, 2025]
- Trump Slaps 30% Tariff On Iraq, Says Its Less Than What Is Needed - Stocktwits - July 10th, 2025 [July 10th, 2025]
- From August 1, the United States will impose duties on imports from Algeria, Libya and Iraq. - - - July 10th, 2025 [July 10th, 2025]
- Kurdish PKK to hand over weapons in Iraq in peace process with Turkey - The Jerusalem Post - July 10th, 2025 [July 10th, 2025]