ASEC and the Iraqi conglomerate KAR Group have signed a 3-year agreement for the operation and maintenance of Qarachough Cement Plant ; a 1.9 mtpa facility owned by the Iraqi conglomerate near Erbil city, Iraq.
Earlier this year, ASEC has assisted KAR in the selection and recruitment of domestic calibers followed by designing and executing extensive tailored manpower development programs. This agreement perfectly ties in with the manpower development scope as ASEC takes over the responsibility of driving the plant's operational excellence while it continues to foster the technical competence of the domestic calibers. It is worth noting that the plant handover, from its former operator, has been successfully accomplished and the operation is advancing with a steady progress.
Commenting on the completion of the plant's handing-over, Eng. Khaled El Sebaie, ASEC's chairman and managing director, said, "We are thrilled with the growing partnership with KAR Group, and we believe the successful handover and steady operational progress is largely attributed to the mutual trust and perfect alliance."