Horn Glass Industries will construct a 800 tonnes per day float glass plant in Najaf, Iraq.
The company has signed a contract with Al Rida Investment to begin work on the plant.
The plant will be equipped with modern technologies and will help to expand glass production capacities in the region.
Commissioning of the new glass plant is planned for 2028, with the delivery of the equipment scheduled for 2027.
The project will be financed in cooperation with German banks Commerzbank and AKA Bank.
Ekaterina Firsova, Executive Director of Glass Plant Technology at HORN Glass Industries AG, said: “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.
“The new plant will make an important contribution to the development of the Iraqi glass industry.”
