Saudi Arabian cement producer, Northern Province Cement Co. is to invest in the Iraqi cement sector, according to a company statement.
The investment will be made by the company’s Jordanian subsidiary and will involve the establishment of a company in Iraq to undertake development work at Basra cement plant.
Northern Province Cement will take a 20% stake in the new company, which will be called Umm Qasr Northern Cement Co. Ltd.
Read the article online at: https://www.worldcement.com/africa-middle-east/10022017/northern-province-cement-to-invest-in-iraq/
Over the coming weeks, World Cement will be hosting a series of technical webinar presentations from KHD! Each presentation will be led by industry experts and provide a detailed discussion of KHD’s product offerings to the cement industry.
The company forecasts that construction output in the UK will contract by 10.3% in 2020 as a whole, with the steep contraction in Q2 2020 being partially offset by improvements during the second half of the year.
