Cement & Concrete
Ehdasse Sanat and FLSmidth companies signed Memorandum of Understanding aimed to cooperation in technical knowledge transfer in cement industry, training experts and joint venture.
In the framework of this Memorandum of Understanding FLSmidth will cooperate with Ehdasse Sanat in technology transfer, training Iranian experts especially in private sector and joint venture.101 cement production line with one million tons annual production capacity are working in Iran.
Ehdasse Sanat Company during the recent years became very successful in developing export of technical and engineering knowledge and put in to operation the first cement production plant in Venezuela with 1 million tones capacity.
This Memorandum of Understanding aimed to cooperation between Ehdasse Sanat and FLSmidth companies were signed with attendance of, Chairman of IMIDRO, Mehdi Karbasian. Ehdasse Sanat Company is one of the subsidiary companies of IMIDRO.
Iran in many years ago did not has the technology of cement production. FLSmidth founded cement production in Iran and now Iran has high abilities in cement industry, Karbasisn announced.
Karbasian noted that neighbor countries need cement for their construction activities and it’s a good opportunity for Iran to supply cement for these countries in the region .During the next 5 to 10 years ,cement consumption in Iran and regional countries will increase ,so cooperation between IMIDRO and FLSmidth can be developed.
IMIDRO is ready to cooperate with FLSmidth in mine sector activities such as extraction and processing of Coal, Copper, Aluminum, Nickel, Chromite and Rare Earth Elements, he continued.
Economic Cooperation Organization (ECO) includes 10 countries in the region and if FLSmidth willing to have cooperation with these countries, we will prepare the situation, Karbasian expressed.
Thomas Schulz Chairman of FLSmidth noted that this is a new era in Iran and FLSmidth relations and commercial activities with Iran and its neighbor countries is our future project and with cooperation of each other Iran could be as cement production and distribution centre among countries in the region. In order to achieve this goal FLSmidth’s office in Iran will be opened.
The dullness in the Iranian market continued for this week as well, market sentiments have remained marginally down with limited trades being witnessed this week. Imposition of sanctions from US on Iran is dampening the market sentiments.
Iran exported over 57 million tons of mineral products worth over $9.2 billion during the last fiscal year (ended March 20, 2019), registering 5% and 2 % fall in tonnage and value respectively.
Iran exported 4.89 million tons of steel ingots in the year to March 2019, of which 67 percent were sent to target markets in the form of billets and blooms, according to figures by the Iranian Steel Producers Association (ISPA).
Iran produced 276,575 tons of aluminum in the year to March 2019, according to figures by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
Iran produced a total of 62.23 MnT of crude steel during the first three months of 2019, up 7.1% compared with the corresponding period of 2018, the latest report released by the World Steel Association shows.
As per the data released by IMIDRO, major Iranian steelmakers exported around 5.54 MnT of steel during last Iranian year (21 Mar 18-20 Mar’19). Export decreased by around 25% Y-o-Y. Standalone during the twelfth month export was noted to be around 457,585 MT, registered a downfall of 44% Y-o-Y.