Iran’s cement production to hit 75 million tonnes by 2010

Iran’s foreign exchange reserve fund has provided credit for the production of 11 million tonnes of cement during the first nine months of the current Iranian calendar year.

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By  Eudore Chand Published  January 13, 2004

Iran’s foreign exchange reserve fund has provided credit for the production of 11 million tonnes of cement during the first nine months of the current Iranian calendar year, 1382, which runs from the 20th of March 2003 until the 21st March 2004. The fund is expected to provide credit for 43 million tonnes of cement by the end of the country’s fourth five-year development plan, which runs from 2005 to 2010. This would help Iran’s overall cement production capacity to reach 75 million tonnes. In the first nine months of 1382, 23 million tonnes of cement have been produced, beating the nominal objective by 600 000 tonnes and showing a 6.7% increase on the same period of last year. The country still expects to import 1.5 million tonnes of cement next year, but Abbas Safakish, the general manager of the Mineral Industries Department, which is affiliated to the Mines & Industries Ministry, told the Mehr News Agency that this was needed to fill market demand. The need to rebuild Bam is likely to boost this figure as well.

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