Iran: The Ministry of Roads & Urban Development Iran has agreed to purchase 2Mt of cement from local producers. Iran's Bank Maskan, also known as the Housing Bank, will finance the road building plan and the cement producers will receive the money in cash, according to Abdolreza Sheikhan, secretary of Iran's Cement Industry Employers Association. He added, in comments to the Tasnim news agency, that he hoped the money will ease stagnation in the Iranian cement industry. Sheikhan also commented on plans to export cement to Syria and talks to remove a ban of imports of Iranian cement in Iraq.
Iranian ministry to buy 2Mt of cement from local producers
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.
© 2022 Pro Global Media Ltd. All rights reserved.