Iran plans to raise cement output to 120m tons
According to the Ministry of Industries, Mining and Trade, the targets set in the vision plan will make Iran the third biggest cement producer in the world by the deadline, the ministry’s official news service Shata reported.
The strategic document also sees Iran as the number one exporter of cement globally and the biggest producer in the region by 2015.
Iran will be able to cash in on exports, as the global cement per capita consumption is expected to see a 4.9% increase by 2018 i.e. from 539 kg to 640 kg, ILNA reported.
Iran was the world’s seventh largest cement producer in 2016 after it dropped three steps the year before. Production reached 58.6 million tons in 2015, down 12% year-on-year, according to Cement Employers Association.
Last Iranian year’s (ended March 20, 2017) output stood at 57 million tons.
Iranian cement exports are stipulated to rise to 32 million tons by 2025. Latest statistics indicate that the country exported 11.5 million tons of cement during the 11 months to Feb. 18.
The average ratio of production to capacity stood at 82% over the past decade.
Cement prices have not changed in the past three years, although production costs have gone up by 20% year-on-year during the period, Bourse Press cited Ebrahim Gholamzadeh, managing director of Lamerd Cement Company, as saying.
Gholamzadeh puts the current base price of cement at 1,100,000 rials ($29.4) per ton, which makes Iranian cement one of the cheapest in the world. ■