Industry Overview: Cement is one of the basic materials in construction. However, it’s an essential item for development in the construction industry. Consumption of cement is closely linked to both the state of economic development in any given country or region and to the economic cycle. Cement is classified into various categories based on its composition and specific end uses. Cement is classified as either Portland, blended, or specialty cement. Iran is the fourth cement producer and first cement exporter in the world with an annual production capacity of 75 million tons, after China, India and the United States. The domestic cement industry is regional in nature. The cost of shipping cement prohibits profitable distribution over long distances. As a result customers traditionally purchase cement from local sources. Therefore, cement production is widely dispersed with the operation of 71 cement plants all around Iran.