BAKU, Azerbaijan, Jan. 29
By Elnur Baghishov - Trend:
Iran's Bagheran Cement Plant, located in the country's South Khorasan province, exported 600,000 tons of cement to Afghanistan in the first 10 months (from March 21, 2019 to Jan. 20, 2020) of the current Iranian year, the plant's CEO Mehdi Kazemi said, Trend reports via IRIB.
The plant's revenues from the cement exports in the reported 10-month period amounted to $8 million, Kazemi said.
The plant exported 370,000 tons of cement to Afghanistan in the preceding Iranian year (from March 21, 2018 to March 21, 2019), Kazemi added.
According to the CEO, 85 percent of the plant's cement is exported to Afghanistan.
Bagheran Cement Plant was commissioned in 2017. Since its establishment, 24.5 million euros and 2.5 trillion rials (roughly $59.5 million) have been invested in the plant. The plant has the capacity to produce over one million tons of cement per annum.
