Private Investor Group
Iraq
Box International was requested by a Middle Eastern Investment Fund client to travel to post Saddam Iraq to assess the status and condition of the cement sector in Iraq. The client commissioned Box to perform an analysis of the cement market as well as determine the state of the indigenous cement manufacturing capacity of the country existing at that time. Among other things, Box met with representatives in Iraq and obtained access to what at the time was the largest cement plant in Iraq located in Kufa, in An Najaf Province.
The study included the following items:
- Market Report
- Sales Potential to the Market
- Indigenous Supply
- Imports
- Marine Cement Deliverability
- Vessels Availability and Type
- Port Umm Qasr
- Port Khour Az Zubair
- Basra
- Availability of Cement on the World Market
- Terminal Alternatives
- Targeted Annual Rated Capacity of Operations
- Configuration of Facilities
- Floating Cement Terminals
- Fixed Dock-Mounted Cement Terminals
- Mini Terminals
- Targeted Annual Rated Capacity of Operations
- Ship Unloading Systems
- Cement Storage Options
- Flat Storage Halls
- Concrete Silos
- Dome Silos
- Steel Silos
- Environmental Restrictions
- Power Requirements
- Capital Costs
- Floating Terminal Operations
- Unloading Bulk Carrier
- Packing and Loading
- Bulk Truck Loading
- Power Generation
- Cement Terminal Manning
- Technical Assessments of Indigenous Cement Plants
- Project Schedule and Scope of Supply
- Budget
- Financial Projections
- Recommendations
Recommended upgrades were identified and prioritized for our clients, along with a business plan that would return the plant to its rated capacity of 3,000,000 tons per year. While no investment could be made due to the insurgency, as and when conditions improve in Iraq the opportunity remains viable for subsequent consideration and evaluation by our clients.