HORN Glass Industries has signed a contract with Al Rida Investment for the construction of a new float glass plant in Najaf, Iraq. The plant will have a production capacity of 800 tonnes per day.
With this project, HORN Glass Industries underlines its international project expertise in the field of turn-key glass plant solutions. The plant will be equipped with state-of-the-art technologies and will make a significant contribution to expanding glass production capacities in the region.
Of particular importance for the realisation of the project is the financing, which is being structured in cooperation with Commerzbank AG and AKA Bank. The financing framework provides the foundation for the successful execution of the project and underlines the confidence of all parties in its long-term prospects.
The delivery of the equipment is scheduled for 2027. Commissioning of the new glass plant is planned for 2028.
“We are very pleased to be working together with Al Rida Investment, Commerzbank AG and AKA Bank and to jointly implement this significant project successfully,” said Ekaterina Firsova, Executive Director Glass Plant Technology at HORN Glass Industries. “The new plant will make an important contribution to the development of the Iraqi glass industry.”
With its many years of experience in the design and realisation of glass melting plants worldwide, HORN Glass Industries stands for innovative technologies, high efficiency, and tailor-made solutions for the international glass industry.
