Iraq Cement Company archives 16 billion (b) dinar profit

BAGHDAD / IraqiNews.com: The Iraqi Cement Company has achieved 16 billion (b) dinar profit by its 3 out of 4 plants, an Industry Ministry official reported on Monday. “A major success has been achieved by the Ministry of Industry & Minerals and the Iraqi Cement Company after assigning its cement plants for investment, according to the principle of partnership, in order to step up productive results, and to support and develop the private sector,” a media spokesman for the Company’s Director-General, Nasser al-Madani reported. “The Company had achieved more than 16 billion (b) dinar profit by its invested plants, following the achievement of necessary electric power to continue its commissioning and productivity,” Madani said. SKH (PT)/SR 144