Iranian President Hassan Rouhani has opened a new cement plant in South Khorasan province. The US$130 million plant has a capacity of 1 million tpy of cement.
In addition to supplying the Iranian market, the plant is strategically located to export into Afghanistan and Pakistan. The province of South Khorasan borders Afghanistan and is also close to the Pakistani border.
Cement demand in Pakistan is currently booming on the back of significant Chinese investment in infrastructure projects. Pakistan has historically also been a significant exporter of cement into Afghanistan, but its exports have started to fall and domestic demand grows.
Iran’s annual production capacity currently stands at around 80 million tpy – but is expected to rise to 120 million tpy over the next decade. In addition to Afganistan and Pakistan, it also exports cement to Iraq, Central Asia, India, Turkey, and the Middle East.
Read the article online at: https://www.worldcement.com/africa-middle-east/27032017/iranian-president-opens-new-cement-plant/