The Minister of Industry and Minerals Mohamed Shiaa al-Sudani announced on Thursday the re-operation of the iron and steel plant next year in addition to starting the timing of the rehabilitation of the petrochemical plant in Basra.
Al Sudani said in a press statement that the iron and steel plant is close to completion of its rehabilitation operations and will resume work next year by offering quantities of iron and steel to the markets.
Al-Sudani added that a loan amounting to about 7 billion and a half billion dinars has been obtained for the rehabilitation of the suspended units, noting that the director of the plant has set close time limits to start operating one of the suspended production lines after its rehabilitation.
For his part, Director General of the General Company for Petrochemicals Khaled Kazem said that a number of production lines will be operated during the coming period, including the operation of four gas generators sequentially during the month of December and the operation of the remaining four generators in January next year.
“The factory’s main production line, the granule production line, needs more than seven to eight months to operate, but they will reduce the period from 3 to 4 months as the rehabilitation process of the plant continues.”
Kazem pointed out the formation of an operations room for all units of the plant in daily meetings with the general administration of the plant to overcome the routine and overcome the obstacles facing the completion of the rehabilitation of the plant and the operation of its production units.