News ID: 194478
Published: 0653 GMT June 10, 2017

Cement producers urged to boost exports to Russia

Cement producers urged to boost exports to Russia

Iran can benefit from the spike in the demand for cement in Russia and boost exports to its northern neighbor, said a member of Iran Chamber of Commerce, Industries, Mines and Agriculture.

"Russia's cement consumption is expected to reach 140 million tons. Iranian producers can have a good share [of such an opportunity] and draw up plans for exports," Amir- Hossein Kaveh told IRNA.

Russia is building the infrastructure for FIFA 2018 World Cup which has raised demand for cement in the country.

Iran's cement output stood at 57 million tons in the year to March 20, 2017 ranking seventh in the world.

Official figures indicate that Iran exported 11.5 million tons of cement during the 11 months to February 18. Iranian cement exports are estimated to grow to 32 million tons by 2025.

The Islamic Republic plans to raise its annual cement production to 120 million tons in eight years as per the strategic planning document incorporating the country's 20-Year Vision Plan (2005-25).

According to the Ministry of Industry, Mine and Trade, the targets set in the Vision Plan will make Iran the third largest cement producer in the world by the deadline.

The strategic document also sees Iran as the number one exporter of cement globally and the biggest producer in the region by 2025.

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