1.furattco.gov.iq/englishplan.pdf5 the company produced by plants above the following products:...

1

1.Exclusive summery ………………………………………...………………P4

Overview………………………………………...…………………………………P4

Product and value proposition to customers………………………….……………P5

People………………………………………...…………………………...….……P6

Market and Sales ………………………………………………...……...………P6

Implementation plan and system project………………….………...……...………P7

Risks and opportunities……………………………………...…………….…….…P8

Current status………………………………………...………………….…………P9

Financial Status……………………………………...………………….…….……P9

2.Product and value proposition to customers. ………...………...…………P10

Overview………………….…………...……...……………………………………P10

Questionnaire………………….…………...……...….……………………………P14

The Table shows the actual production in 2017 and annual design capacities for all

products………………………………………………………………………...…. P15

table represents the company's products and its specifications and existing and competitors'

customers ……………………………….………………….…………...…....……P16

Development of product………………….…………...……...........................……P17

Customer segment………………….…………...……...………………….....……P18

worksheet………………….…………...……...…………………………..………P19

3.People………………………………………...………………….…...…...…P20

Overview………………….…………...……...……………………………………P20

The highest personnel numbers at 2007……………………………………………P21

Management team………………….………......……………………..……………P21

Targets to be achieved by the team members to lead the business……...…………P27

Organizational structures of Al_Furat state company………...……………………P28

Index

2

4. Market and Sales …….…………………...……………………...…...……P40

Overview………………….…………...……...………………………………………P40

The main customer of the company………………...…………………...…....………P42

The five largest customers………………...………...………………………….….…P42

The main competitive………………...………...……………………………..…...…P43

Table represents contracts and agreements for 2017…………………………………P43

Table represents the sales achieved for 2017………………….…………...……...…P43

Table represents the sales achieved according to ministries for 2017………………. P44

size of the sector for the size of the market…...………………………………………P45

Assumptions used in the current market expectations...……...………………………P45

Table shows sales achieved during the last years…………………...…………..……P46

A table showing the expected sales in the next years………………….…………..…P46

Customers segmentation ………………….…………...……...……………...………P47

Promotion style………………….…………...……...…………………………......…P47

Costumers service………………….…………...……...………………………..….…P47

Marketing Growth………………….…………...……...……………………..…...…P48

5. Implementation plan and system project………………...………...………P49

Overview………………….…………...……...…………….………………….……P49

Production activities ………………...………...……….…....…...…...……P50

a. sulfuric acid plant technical way. b. Caustic soda plant production activity technical way.

Sales …………………………………………………………………….………..…P54

Distribution.………………….……………………………………….….……...…..P54

Input sources …………………………………………….………………..…….…. P54

Key opportunities to improve business system …...………………………...………P55

The relationship between the plants and other department...……...…………,,,……P55

Project manager ……………………………………………………………...…,,,…P56

Short term investment ………………….……………………………………….…,,,P56

Long term investment ………………….…………...……...……………...…...…,,,,P52

6. Risks and opportunities……………….……………...…………….….……P58

opportunities ………………….…………...……...………………………...………P58

The risks ………………...…………………………...……………….…....….……P59

3

7.Current status…………………….………...……………………….………P61

Overview………………….…………...……...……………………………………P61

Appendix for machinery ………………...………………....………..……P63

The current production levels ………………...……….………………...…P64

8.Financial Status…………….………………...………………….…….……P65

Currant state.………………….…………...……...……………….………………P65

Financial business plan for the next five years ……………………....………P66

Expenses ………………...………...…………………………..…...…P67

Funding ……………………………………………………………………………P67

Profitability.………………….…………………………………..……...….…...…P67

Cash……………………………………………………………….…….…..……. P68

capital resources …...……………………………………..…………………..……P68

Future overhead balance statement...……...………………………………….……P68

Capital………………………………………………………………………...……P68

expectation income for five years …………….………………….……………...…P69

Overheat balance sheet for five years .…………...……...………………...…….…P69

Cash flow and required investment for five years)………………….…………...…P70

Value added for five years)………………………………..……….…………..…...P71

Active capital for five years)……………………………………….…………….…P71

Investment capital for five years) ………………………….……….…………..…..P71

Revenue and Expenses Diagram………………………….……….…………..……P72

4

Al-_Furat State Company for Chemical Industries and pesticides, one of the Ministry of Industry and

Minerals, the company is located in the province of Babylon and just (65) km from the province of Baghdad

and an area of (136) acres and linked by transport routes (by car and railway) The company has three

production plants ( caustic soda plant , sulfuric acid plant , agricultural pesticides plant).

The company was established of 1968 and it was called Rayon State Company for silk Industries ,In 1995

Al-_Furat State Company for Chemical Industries named which was included (chemical plants, and plastic

sacks plant, starch, dextrin plant and in 2016 was named Al-_Furat State Company for Chemical Industries

and pesticide companies includes (acid and soda caustic, agricultural pesticides) and a cadre of the company

(1539) following the merger of General Tariq company with our company's decision to become a plant

belonging to the company dated (1.1.2016) this plant is located in Anbar province /Fallujah/Karma, just (40)

km west of the city of Baghdad and it is managed by a specialist cadre. And associated transportation ways

(by car).

The company has experience of more than (40) years in the production of chemicals and features production

specifications of high quality and are ISO certified (ISO 9001) since 2002 for all products of chemical and is

considered one of the most prominent companies, the most important in the production of materials (caustic

soda _ hydrochloric acid _ Hypo chlorate sodium _ liquid chlorine _ concentrated sulfuric acid and batteries

acid, in addition to agricultural pesticides) and the company is seeking to modernize production technology

and raise production capacity to own a larger share of the Iraqi market.

The company has successfully update a plants (caustic soda and chlorine plant) and increase the production

capacity of the plant concentrated sulfuric acid after conducting maintenance work on its equipment and has

plans to establish a number of investment projects in the next years where the company is looking forward in

the long term to export their products to neighboring countries .

The company's aim is to become the leading supplier of the above products, where the company is

committed to the availability of products characterized by their high quality and always strive to achieve

customer requests and provide the products they need in a timely manner and will work staff of the

company's employees are always improving our products until the company up to the highest development

levels of production in the market through live up to the high expectations of customers.

The company maintains enjoy with strong relations with the Ministry of Industry and Minerals and develop

sales and marketing capacity and establish good relationships with customers plants is one of the key plants

for the success of the company.

Exclusive summery.1

(1_1): Overview

5

The company produced by plants above the following products:

caustic soda solution, hydrochloric acid, sodium hypochlorite, liquid chlorine ,concentrated sulfuric acid

,diluted sulfuric acid and agricultural pesticides.

The company's products have a high value to the company's customers represented them by:

-Electric power stations.

- companies and refinery of the Ministry of Oil.

- Ministry of Industry and Minerals companies.

-Municipalities and water office.

-Ministry of Agriculture

-A number of private sector companies.

- Baghdad Municipality.

- Others.

Most of these are company's customers from the public sector has started the development of plans for the

development of their companies and increase production capacity , therefore expected to increase their

demand in the next years on the company's products, in addition, the number of Iraqi and foreign investors

have to invest and create new corporate plans and lead to the emergence of new customers need to Al Furat

State Company products, as well as investments in the drilling of oil wells and activating the export activity.

the characteristic of the company's products is the high commitment of the Iraqi specifications set by the

Central Organization for Standardization and quality control and approved mainly on international technical

specifications and the introduction of modern technology in new projects makes these same products

specifications of high quality comparable to global products.

There is major competition for the company's products represented as follows:

1. external competitors (international) where competition similar to the products of our company products in

particular are available in the markets of neighboring countries and sometimes from other countries and

those competitors is steadfast as companies and origins.

2.Phosphate company particular product concentrated sulfuric acid and stopped working Because of terrorist

acts.

3. small factories to the private sector in terms of sulfuric acid product.

(1_2):Product and value proposition to customers.

6

There are (1496) employees work in the company most of them have been working for long period so they

have good experience in different fields such as (administrative ,technical, economical, financial,

commercial and others).

1- General director (1)

2- plants Managers (20)

3- (administrative, financial, commercials and services (165)

4- Engineers, chemists and physicists (120)

5- Technicians (500)

6- Craftsman (541)

7- Security guard (118)

8- Contract staff (20)

9- Daily wages staff (11)

Note: Permanent staffing :1465 + Contract staff (20) + Daily wages staff (11) = 1496 employees.

AL-Furat state company plane for the next five year plan is to find work for all employees who do not

have work to exploit the experience of staff through the development of existing lines and the

establishment of new production lines and develop their ability and that their participation training

courses in various disciplines in order to ensure the continued application of the system of quality in all

the company's facilities properly the company is developing a plan to train staff in all competence.

The company's products are now sold directly and that the production capacity of some of the products do

not clog the overall need of the local market. And that the company's products in the market at present and

in the future is greater than production and that the real competition for the company's products come from

imported products of the fact that competing companies and plants in Iraq within a small and distinct

products Al_Furat state company in terms of type and value and specifications. The market growth rate

is(10-20) % per annul for the establishment of public-sector companies to develop and rehabilitate its plants

there is also a great opportunity local and foreign private work inside Iraq for the sector in the coming years.

AL-Furat state company plan during the next five years of implementation of the plan is to develop the

marketing department of the company and add elements of a trained and highly experienced in the field of

marketing policy and the search for new markets in addition to existing markets in addition to the formation

of committees' market survey and promote the company's products. AL-Furat state company plan aims to

increase the company's sales of all products and doubled over the next five years to comply with the increase

in production capacity plan.

(1_3): People

(1_4): Market and Sales

7

The Al_Furat State Company plan for the next five years is to develop production lines and update the

introduction of modern technology for all the company's plants, and the plan includes facilitating the process

of obtaining important resource for the production as raw material primary and spare part and industrial

assistance such, as well as developed of the dynamic marketing of the all products by declaring investment

opportunities to establishment new projects as follows:

1. The operation of the new soda and chlorine plant, which was implemented with modern technology, by

the SVE Indian company. The stage of testing the energies and the initial receipt was not completed by the

executing company. The work was withdrawn and a general tender was issued for the operation of the plant.

Which will bring the company financial revenues through the marketing of its important products (Caustic

Soda, Liquid Chlorine, Hypo, HCL) required by the Ministry of Oil, Ministry of Electricity, Municipality of

Baghdad and Ministry of Municipalities.

2. Addition of a new line for the production of concentrated sulfuric acid: Considering the availability of

expertise in the operation and maintenance of the sulfuric acid plant and for the purpose of expanding the

production capacity of the concentrated sulfuric acid to cover the increasing domestic demand for the

material, the company has planned to add a new production line, The use of materials available in the

warehouses and implemented by the cadres of the company and according to the financial possibilities

available and reduce the materials purchased (local or import) to the narrowest limits.

3 - New projects announced as investment opportunities:

Notes The total cost

(milliard ID)

The name of the project No.

The investment document was prepared and

obtained the approval of the Ministry of

Industry and Minerals to announce the

document and currently at the stage of

announcing an investment opportunity to

implement the project.

14013.2 Modernization and

development of

concentrated Sulfuric acid

project

1.

An investment opportunity was announced

to establish a plant for the production of

soda and chlorine in addition to the current

plant located in our company in order to fill

the country's need for chemical products. In

the absence of an integrated tender, the

Study and Analysis Committee

recommended re-advertising and currently

at the re-advertising stage .

61471 Expansion of production

capacities for soda and

chlorine plant in order to

cover the country's need of

the plants' products.

2.

The investment document was prepared and

obtained the approval of the Ministry of

Industry and Minerals on the announcement

and currently at Ad preparation stage.

5500 3.

80984.2 Total

(1_5):Implementation plan and system project

8

That the chance of success of the Al_Furat state company plan for the next five years is high for the

following reasons:

1. running of the new chlorine and soda plant which will provide chemical products (soda, chlorine, Hypo.

Hydrochloric acid) required in large quantities by many beneficiaries.

2. Include all the company's products of chemicals with the law protect products, helping to ensure the

marketing of products.

3.The possibility of opening new markets over the next few years.

4.There is a large demand for the company's products.

5. the existence of technical staff trained and experienced.

6. The company has good relations with the Ministry of Industry and Minerals and the local government.

7. Name the company with a glossy in the industry, which provides an opportunity to attract investors.

The risks facing the company is represented risks below: -

1. Operational Risks:

A. Technical problems that may occur during the operation of the new soda and chlorine plant

B - The production lines of the company face the risks of power outages, especially in the summer season,

causing production to be stopped and damaged equipment that are in contact with chemicals and that power

outages lead to damage in the membranes of the cells of electrolysis for the soda plant and chlorine and

damaged some lines carrier For sulfur as a result of steam breakage for the concentrated sulfuric acid plant.

2 - Material risks: The presence of economic changes in the country and affect significantly on the liquidity

of the main customers and their inability to pay the value of products processed them, which sometimes

causes the accumulation of debt and lack of liquidity within our company.

3 - Security risks: An important factor is the disruption of roads and the disruption of the movement of the

company 's products to customers as well as the disruption of the movement of transport of raw materials

and oil derivatives from sources to the company, which adversely affect the sustainability of the productive

process.

4. Other Risks: Determination of the legal position of the soda and chlorine plant referred to in Operational

Risk A above because the matter is currently before the judiciary.

(1_6):Risks and Opportunities

9

The current situation of the Al_Furat state company is the existence of good infrastructures for the

development of the company in the next five years, the productivity of the buildings and the buildings and

stores, humane and production means, services and amenities workers. And that the process of evolution in

the plan are replacing some lines, laboratories obsolete machines and new lines sophisticated keep pace with

the process of technological development to provide high chances to compete with other products and

increase production capacity and improve working conditions through the development of services provided

to employees Through the development of services provided to employees except roller mill, which was

merged with the company in 2016 as suffering from mass destruction by terrorist gangs (organizing ISIS

terrorist) Where he suffered from mass destruction by the terrorist gangs (organization calling the terrorist).

The factory was received from the security forces on 17/4/2017 and the work of lifting the rubble and

rehabilitation of the plant was started by the cadres of our company and according to the cash available.

The Company follows a financial system, a unified accountant system for the management and regulation of

financial matters for the company.

.

(1_7): Current – status

(1_8): Financial status

10

The table below shows our company's products of chemicals and pesticides:

Sr. Name of pesticide Pesticide use

1. Sulfuric acid concentrate Oil Ministry, Ministry of Electricity, Ministry of Industry

2. Sulfuric acid diluted Oil Ministry, Ministry of Electricity, Ministry of Industry

3. Caustic Soda Oil Ministry, Ministry of Electricity, Ministry of Industry

4. Liquid chlorine Municipality of Baghdad, Ministry of Municipalities

5. hydrochloric acid Oil Ministry, Ministry of Electricity, Ministry of Industry

6. Hypo Oil Ministry, Ministry of Electricity, Ministry of Industry

7. Kimuktin 1,8% EC Insecticide

8. Kimo two masters 20% EC Insecticide

9. Kimusidin 7,5% ULV Insecticide

10. Tam Kimo 34% EC Herbicides

11. Kimo Span 48% TC Insecticide

12. Kimo Cisse 5,2% EC Insecticide

13. Kimo xenon likable 10% G Insecticide

14. Kimo Sete 48% SL Herbicides

15. Kimo Puff 0,5% Dust Insecticide

16. Kimosis 1,25% ULV Insecticide

17. Kimosis 0,5% Dust Insecticide

18. Kimuksil DS2 instinctive -sedesFogging

19. Alkimutheon 50% EC Insecticide spider

20. Sulfur Foam 90% Dust Fogging / fungal

Product and value proposition to customers. 2

:

(2_1): Overview

11

Al-Furat Company's products are of great importance to its customers from all segments. The management

of Al-Furat Company is keen to provide the best competitive advantages for the purpose of expanding its

market share by developing the quality of its products and increasing the quantity of production and selling

products at competitive prices especially that the company has the Iraqi quality certificate according to

standard (ISO 9001: 2008) awarded by the Center for Standardization and Quality Control. The company is

in the process of contracting with the General Company for Engineering Inspection for the purpose of

qualification according to the new version of ISO 9001: 2015.

The operation of the new factories (soda and soda factory) leads to the production of products in larger

quantities, better quality and competitive prices, adding value to the company's products.

The marketing and quality departments in the company's status periodically survey opinion of customers to

know the company's products and services and develop accordingly and an example is attached

questionnaire issued in (2016- 2017).

The value provided to customers is through the commitment of our company to the dates of delivery of the

contracts with them, as well as adherence to the specifications of our products in the long term in addition to

the existence of many investment projects required to modernize and develop the factories through the

establishment of new projects and the development of working plants and provide a better service to the

customer, The feasibility of the project to expand the production capacity of the soda and chlorine plant with

a capacity of 45 tons per day to improve the coverage of its production of chlorine liquid to about 65% of

the country's need of the material (estimated at 25 thousand tons per year) The current plant at Al-Furat

Company fills only one-third of the total need of liquid chlorine and the project to upgrade and develop the

concentrated sulfuric acid industry. The project is based on the development and modernization of the single

phase absorption technology used in the company's sulfuric acid plant and replacing it with double

technology (75) tons / day through the purchase, installation and operation of modern and advanced

production equipment and production lines to ensure the completion of the process of absorption of gases

instead of obsolete equipment, which is currently also considered environmentally friendly project and the

rehabilitation and modernization and operation Tariq plant of Pesticides Agricultural and production

capacity (2500) tons / year and is now preparing the announcement of the investment opportunity.

The production capacity of the new soda and chlorine plant is 45 tons / day.

The current production capacity of the concentrated sulfuric acid plant is (35) tons / day.

Planned Production Capacity: (45) tons / day for the expansion of the soda and chlorine plant and (75) tons /

day for the plant to develop and modernize the concentrated sulfuric acid industry.

12

Sales

0%

10%

20%

30%

40%

50%

60%

Ministry of the ElectricityMinistry of the oilMinistry of the industryPrivatr sector

59%

23%

5%

13%

Sales

The market share

13

Se. Points of the strength Points of the

weakness 1. The company is the only company in Iraq producing chemical

products (caustic soda, chlorine liquid, hydrochloric acid,

hypo). The amount of liquid chlorine to be produced in the

current plant will cover approximately One third of Iraq's actual

annual needs amounting to (25000) tons, and the production of

chlorine into Al_Furat state company, which mediates all the

central provinces of Iraq, making it the source of the security of

the processing of this material that make up the transfer process

one of the most important problems due to gravity is also

considered Al_Furat company a source of immediate

processing of these provinces without the need to expand the

stores in the provinces where the danger resulting from poor

storage and high costs as well as the case for the rest of the

products (caustic soda _ hydrochloric acid _ sodium

hypochlorite), but for a product concentrated sulfuric acid and

dilute it covers the need for the Ministry of oil major consumer

of these materials and electricity in addition to the Ministry of

Industry and minerals and the private sector, where these

products are available within the company Al_Furat state

company Thus facilitating the transfer process for consumers

being mediated by the country geographically, but for products

Tariq factory agricultural pesticides is the only plant in the

public sector for the production of pesticides for this is

domestic demand for many products plant.

Overall security situation

2. Al_Furat company has accumulated experience in soda and

chlorine industry, acid and pesticides, and is the number of

engineers, technicians and skilled workers employed in the

operation and maintenance activities, as well as administrative

and accounting expertise,

The instability of the

electricity supply during

the summer season leads

to unstable production

3. Primary raw materials in production are available locally "such

as salt NaCl, sulfur, and Zailiyn Sheila Seoul.

--------

Points of the strength and weakness of the product of the company

14

The Ministry of Industry and Minerals

Al_ Furat state for chemical and pesticides Industries company–Saddat Al_Hendyia-the province of Babylon

Questionnaire to the company's customers

Customer Name: Government Sector ( )Mixed( )Private( )

Product Name: - Factory Name: -

Proportion of problem or defect in processed production

price 20% 40% 60% 80% 100%

qualitative 20% 40% 60% 80% 100%

Quantitative 20% 40% 60% 80% 100%

Your suggestions to avoid the problem:

What are the alternatives you have: Ratio to meet your need of the supplied product 20% 40% 60% 80% 100%

The percentage of your conviction of the products of our company

20% 40% 60% 80% 100%

Reason

What are your suggestions for improving performance:

Proportion of the products of our competitor to our products and, if possible, their source

20% 40% 60% 80% 100%

Filling the form accurately and return back quickly will help us to offer your demands and facilitate the task of your

delegate, we appreciate our cooperation with us...Thanks for your cooperate with best regards.

Marketing Department

Form No. 8.2.1/1

15

Notes Actual

production

2017

Annual

design

capacities

unit plant product No

• A new plant will be

installed after powering it

and checking the energies

_____ _____ ton Caustic soda plant Caustic soda solution

NaOH 100%

1.

_____ _____ ton Caustic soda plant Hydrochloric acid

solution 30-33% con

2.

_____ _____ ton Caustic soda plant Sodium hypochlorite

solution NaOCl

3.

_____ _____ ton Caustic soda plant Liquid chlorine 4.

8220 10000 ton Sulfuric acid plant Concentrated Sulfuric

acid 97%min.

5.

_____ _____ ton Sulfuric acid plant Diluted sulfuric acid

37%

6.

• the plant stopped during

2017 As he was injured as

a result of terrorist acts

_____ _____ ton Al_Tareq plant

for pesticides

Different pesticides

types and specifications

7.

(2_2): The Table below shows the actual production in 2017 and annual

design capacities for all products.

16

competitor Customers Specification No. of

depending

certificate

product No

1. Phosphate state

company.(stop)

2. Import products

3.smoll plant for

private sector

1. Power stations.

2.Oil companies.

3.Industrial

companies.

Conc. (97%) min.

Density in (20c0) is (1.83

– 1.84)

Iron –PPM: 300 max.

Residue after burning :

(0.1)max .

Standard Iraqi

specification (1119)

Con. sulfuric acid 1

No competitive Private scoter.

Conc. (33.8 – 37.4) %

Density at (20c0) = (1.250

– 1.280)

Iron-PPM : 12 max

Standard specification

of Iraqi (1118)

Batteries' acid 2

1.Paper state

company.

2.Petrochemical state

company.

3.Import products.

1. Power stations.

2.Oil companies.

3.Industrial

companies.

4.Private scoter.

Conc. (32%)min.

Sodium carbonates

(0.5%) min.

Chlorate –PPM:1100

max.

Iron content-PPM:15

max.

Standard Iraqi

specification (1455 )

Caustic soda solution 3

Conc. (30-33) %

Specific weight in (20c0)

it is 1.4 or above.

Iron : (0.02%) min.

Standard Iraqi


Hydrochloric acid

4

1.Paper state

company.


company.

1. Power stations.

2.Oil companies.

3.Industrial

companies.

4.Municipalities.

5.Private scoter.

Active chlorine Conc.

(100) L/g min.

Sodium hydroxide Conc.

(15) l/g max.

Standard Iraqi


Sodium hypochlorite

solution

5

1.Paper state

company.


company.

3.Import products .

Municipalities . purity (99.5) min. Standard Iraqi

specification (113)

Liquid chlorine pure 6

Served basis

considering the

import of pesticides

by the Ministry of

Agriculture and the

private sector are the

only competitors and

the company is trying

to cover all the

requirements of

agriculture and a

section of the

requirements of the

private sector in the

next 5 years

. Ministry of

agriculture

. The Ministry of

Health and

Environment

. Ministry of

Electricity and Water

transport, financial

resources and the

Municipality of

Baghdad and Housing

. Farmers and citizens

.private sector

Produced according to

standard international

specifications followed

(WHO & FAO) and the

methods of analysis used

in accordance with the

global constitution for the

analysis and adoption of

pesticide (CIPAC) by the

National Commission for

the registration of

pesticides and adoption

certificates

According to the

international standard

variety of pesticides 7

(2_3): table represents the company's products and its

specifications and existing and competitors' customers

17

Stage of the

development

product development effort product No

Implemented by 93% The

examination of the

energies and the initial

receipt was not

completed. The work was

withdrawn from the

executing company and a

tender announcement was

issued for the operation of

the plant to preserve its

equipment from damage

due to the long downtime.

And the expansion project

in the stage of studying

the offers.

There are project with new technology to produce

caustic soda, liquid chlorine , hydrochloric acid and

sodium hypochlorite with larger quantity and high

quality .

An investment opportunity was also announced to

implement the capacity expansion project for the soda

and chlorine plant.

Caustic soda solution 100% con 1

Hydrochloric acid

2

Sodium hypochlorite 3


In 2018-2019 The company plan to establish a new plant to produce

Sulfuric acid with modern technology more efficient and

less environment pollution by announcement investment

opportunity .Currently at the declaration stage.

In addition, our company plans to establish an additional

production line for the production of sulfuric acid, which

is located in the existing financial, material and human

resources due to the increasing demand for the product.

A number of equipment has been manufactured in

specialized workshops within our company.

Sulfur acid conc. 5

Al_Furat company is consider alone in Iraq to produce

batteries acid in standard specification

Batteries' acid. 6

In 2018-2019 Agricultural pesticides products for our company

considered of the best agricultural pesticides products of

the country. The investment file has been prepared to

rehabilitate and operate the plant after it was damaged as

a result of the terrorist acts in Anbar province and is

currently in the process of advertising .

Agricultural pesticides 7

(2_4): Development of product:

18

value suggestion Demands segments No Attainment of quality

of products and good

financial relation

ship

1.Delivery the production to their location.

2.improving the efficiency .

a. Electric power station

b. Oil company

They use caustic soda

,hydrochloric acid ,sulfuric

acid ,sodium hypochlorite

,ferric chloride

1.

Products in high

quality achieve

standardization

1.improving the efficiency.

2.offer the products in exact times.

Industrial companies

Use some of company products

2.

Al_Furat state

company dose the

best to cover all the

quantity through

running the new soda

plant

They use liquid chlorine for water sterilization Municipalities

3.

Al_Furat state

company try to

achieve all quantities

and specifications

All products which may be needed by private

sectors

Private sector 4.

Furat state company

try to achieve all

quantities and

specifications

All products of agricultural pesticides Agriculture ministry 5.

(2-5) Customer segment

19

Senior management has prepared a Working Paper of the company and includes the company's vision and

aims and the most important problems of the department Productivity, below the working paper for the

company and the most current products.

We have ambition to consolidate our position in the markets and we are looking forward to compete with

famous companies.

Our aim is to be at the forefront of producers and marketers of chemical products in the region. We are

ambitious, competitive company and old in the field of chemical industries, and we will achieve our aim

through the development and introduction of products and services with high quality to achieve the needs of

our customers and raise the skills and abilities of employees in our company.

We will invest our human and material resources in optimal investment for innovation, dissemination, and

use of the latest technology. This concern personnel and material resources which reflects our performance

levels.

The company's aim

The company's vision

The Ministry of Industry and Minerals

Worksheet: Al_Furat state for chemical and

pesticides Industries company

(2_6): WORKSHEET

20

Number of employees in the company before merged of Al_Tareq for agricultural pesticides plant with the company

(1482) employees up to December 2015.

Number of employees in the company after merged of Al_Tareq for agricultural pesticides plant with the company

(1496) employees to 13/11/2017.

This difference in number has no impact on the reality of the company because the company is working to the

principle of independence of the plants which all independent plant administratively.

The decision to merge included the separation of the manufacturers of plastic sacks and starch from our company,

which are working manufacturers and achieve financial revenues and also included the integration of the company

with our company Tarek, which includes the plant in Garma, a plant located in a military operations area and its

position is unclear where it cannot be accessed so our company has borne Financial burdens due to merger decision.

1•The total number of personnel working in Al _Fur at company is (1496) (engineers + technicians + administrative +

workers) employees to 13/11/2017.

First-Permanent staffing (1465)

Contract staff = 20

Daily wags staff = 11

Second-The employees can be written down as follows:

1- General director = 1

2- Plants and departments Managers = 20

3- (management, accountant, financial, commercials and services = 165

4- Engineers, chemists and physicists = 120

5- Technicians = 500

6- Craftsman = 541

7- Security and guard = 118

8- Contract staff = 20

9- Daily wags staff= 11

Third- Total salaries = 1400000000 ID monthly.

Daily wags staff and Contract staff =6510000 I.D

The total salaries = 1406510000I.D

All these personnel have been introducing in training study in the past few years and Al_Furat state company plan is

the introduction of all associates annual training courses to increase their efficiency in various technical, economic,

financial, marketing and other disciplines, as shown in the attached table, At the end of the paragraph individuals.

All these personnel have been introducing in training study, Al_Furat state company plan is to introduce more training

studies and it may give opportunities for new young people to run new projects and to compensate workers who

forwarded the retirement of old age.

People.3

(3_1): Overview

21

Top level The competence No 175 Engineers + Chemists+ physicist 1.

1943 Technicians + workers 2.

184 administrators 3.

8 Contactors 4.

2310 Total

Al_ Furat state company team will do their best efforts to achieve the business plan during the next five

years, increasing quantity of production, improving the production quality, decrease the products cost, in

order to compete similar products...and achieve the demand of their customers.

All the members of the team have a long experience in Al_ Furat state company and some of them have

additional experience in other industrial companies.

:The highest personnel numbers at 2007 as below: )2-3(

(3_3): Management team:

People = Success of the work

22

1. ENGINEER ALI QASSIM KADHIM: 1.Graduate of AL- Mustansiriya University 1996 in the field of mechanical engineering. 2.Director general, he is the directorate chief. And Further he is responsible for planning and setting the strategic

direction

3-Date of Appointment \ 2-8-1998 associate Mechanical Engineer at the General Company for Southern

Cement and Sequence of responsibilities: A -Packaging Division official in Karbala Cement Plant under the administrative order No. 1006 in 25\11\1998

B-Packaging Department official in Karbala Cement Plant under the administrative order No. 769 in 26\8\1999

C -Official of mills department in Karbala Cement Plant under the administrative order No 1082 in 20\6\2001

D –official of mechanical department in Karbala Cement Plant under the administrative order No.2543 in 10\10\2002

E- Head of mechanical department in Karbala Cement Plant under the administrative No. 1001 in 6\9\2004

F – Responsible of training Division in Karbala Cement Plant under the administrative order No. 387 in 26\4\2006

G - Head of the technical department in Karbala Cement Plant under the administrative order No.108 in 25\1\2007

H-responsible for the engineering testing division in Karbala Cement Plant under the administrative order No.1244 in

6\11\2008

I - Head of the maintenance department in Saddat cement plant under administrative order No. 669 in 8\3\2009

J-Director of Babylon cement plant under administrative order No. 1347 in 21\5\2009

K - Director of AL- Kufa Cement Plant under the administrative order No.831 in 10\6\2012

L - Director of the maintenance department at the AL-Norah plant 2013.

M - Director of Al-Muthana Cement Plant under the administrative order No.66 in 3\3\2014

N- Director General of the General Company for Cement South under the ministerial order No.50890 in 2\12\2014

O- Director General of Al-Furat company for Industries chemical and pesticides under the ministerial order No.53559

in 17\12\2015

4 - He has experience more than (18) years in various engineering works.

5 - He has a good relation with ministry departments and other government responsibilities and with all company

employees.

6- He has a research titled \ experimental production of cement Hydrophobic.

.KATHEM MR. BASILALI.2

• Holds a bachelor's degree in chemical engineering from the University of Baghdad in 1981.

• Director of the Investment Department.

• Appointed in the Ministry of Oil / North Gas Company in 1983 and continued to work there until 1985.

• Holds a certificate of experience from Mitsubishi Japan to work with them for two years in the North Gas

Company.

• Currently "acting as an agent" for the general manager and head of the investment department in the

company.

• Director of Fiber Division for the period from 1987 - 1989.

• Worked as a resident engineer for woven plastic bags project for the period 1989-1993

• Responsible for Caustic Soda Division for the period 2003-2006.

• Director of production in chemical plants for the period from 2006 – 2013.

• Director of Chemical Industries for the period 2013-2017.

• Participated in the UNAMI program to develop a plan for the development of chlorine industry in the

General Company for Petrochemical Industries.

• Participated in the preparation of feasibility studies in Damascus / 2006.

• Participate in the Business Edge program in Marketing, Problem Solving and Time Management, Public

Administration, Computers, prepared by the Iraqi-American Chamber of Commerce and Industry.

• Has experience in the field of chemical industries not less than (30) years.

23

SELMAN SAHI IMAN RENEENGI .3 •Bachelor of Chemical Engineering from Baghdad University in 1983.

•Worked in the General Qaqaa Company (Planning Department - Office of Assistant Director General for

Production) for a period of (5) years (1983-1988(.

•Director of Planning Department since 1993.

•Worked in the quality control department and laboratories for (5) years.

•Has experience in quality control, planning and technical affairs for approximately (35) years.

•Contributed to the preparation of technical and economic feasibility studies for the projects of the

Euphrates .

•Participated in the program of development of leadership skills and management in the phase of transition

to free economy in Cairo / 2004.

•Participated in the preparation of economic feasibility studies in Damascus / 2006.

•Participated in the Business Edge program in Marketing, Problem Solving and Time Management, General

Administration, Computers prepared by the Iraqi-American Chamber of Commerce and Industry.

•Participated in the results management workshop in the Ministry of Industry and Minerals in 2017.

•Participated in the preparation workshop of the work plan in the Ministry of Industry and Minerals / 2017.

.REDAABBOUD-MR. HEADERABDAL.4

*He holds a bachelor in chemical engineering from Baghdad University at 1985.

* He is manager of Al-Tariq pesticides plant.

*He has inexperience in chemical material production more than (20) years.

*He held the responsibilities such as (engineer in (scale up research, design and reconstruction) department

in Al-Muthana company, head of department (reconstruction and, production and head of production

departments in chlorine plant) and assistant director of reconstruction of chlorine plant in chemical

production company, head of chlorine plant in Al-Tariq company before, head of anew chlorine plant, head

of commercial department in Al-Tariq company.

5. MR SAFAA AHMED MAHMOUD.

• Holds a bachelor's degree in petrochemical engineering from the University of Technology in 1992.

• Works as a manager of the company's chemical plants.

• He worked in the General Company for Textile Industries as engineer in 2016.

• Head of the company's electrolysis unit in 2012.

• Head of the hydrochloric acid unit in 2011.

• Responsible for the morning shift of the chemical plants in 2010.

24

6. MISS. BOSHRA ISMAIL KHALIL. has bachelors in administration and economic from Basra university at 1982.

She is the manager of financial auditing.

worked in occupational training office for (8) years period and automobile company as a manager of

financial auditing for (3) days period, manager of financial auditing in a cement factory for (3) years

period, Associate Director of the Department of Finance in the company (8) years and the Director of

the Department of Marketing at Furat state company for five (5) years.

has an experience in marking, commercial financial auditing, accounts and general relations for (34)

years.

7. MRS. NAGHAM MAHDI RADI: • has bachelors in Chemistry from the University of Basrah in 1993.

• Director of Quality Control.

• Laboratory officer at the company in 2000.

• Responsible for the dyeing department in Nasiriyah textile in 1995.

• Director of the Chemical Laboratory in Nasiriyah Textile in 1994.

• Has several researches, including the preparation of pure calcium sulphate and the preparation of

hydrazine.

8.MR.ALI TARIQ: *He is the manager of the legality department.

*He holds a bachelor's degree in law from Baghdad University in 2007.

*He holds a Master certification in law from Beirut University in 2014.

* worked agent legal department.

*He has an experience in legality more than (10) years.

*has several research (electronic company, judicial notification and literary and artistic property rights).

:ABD ALLAH HUSAIN ALIMR. .9 he holds a Master of Business Administration from the .*He's the manager of finance department*

University of Tinaka Malaysia in (2012), Bachelor of Business Administration from the University of

sayyib Technical Institute in and the Technical Diploma in Accounting from the Mu )Karbala in (2004

). 1992(

. sdepartmentmanager of administrative wasHe *

.he has an experience in accountant for the financial and administrative department*

MR. AHMED IBRAHIM ALI.10 • holds a bachelor's degree from the Faculty of Science, University of Baghdad in 1988.

• Director of the Department of Environment, environmental projects manager. Agent planning manager.

• An official Department of caustic soda works for the period (1997- 2001) and official control of the field

of chemical factories (2001-2008).

• He has more than (21) years in the field of production quality and the environment and control experience.

• studies and research provided by the participation in the preparation of environmental database and

evaluation of the environmental situation of the company prepared by the University of Babylon Advisory

Office in 2001 and participating in the preparation of the environmental report for the company in

25

collaboration with the University of Karbala Advisory Office in 2008 and participating in a study on the

environmental outlook for mercury Iraq with the Ministry of environment / technical department in 2013.

HASSOUN JASSIM ABBASMR..11 •He holds a Bachelor of Science Chemistry from the University of Basra in 1988.

•Director of Commercial Department.

•he held the Deputy Director of quality control for the period (2009-2016).

•he held the director of quality control Division in plastic sacks plant for the period (1999-2008).

•The director of the field control Division in the chemical plants for the period (1996-1998).

•has experience in the field of quality control and chemical analyzes in the factories (13) years in the field

of plastic sacks and follow-up phases of their tissues for (10(.

•made many studies in the field of work.

:MR. BASIL NASH.21 *He holds a Master degree in chemical engineering from Baghdad University at 1997.

*He holds a bachelor's degree in chemical engineering from Baghdad University at 1993.

*He give lectures in chemical engineering department in Baghdad University in (1997 – 1998).

*He has studies and searches in his filed.

*He is manager of marketing department.

*he was manager of research and development department.

*He was an experience in research and development more than (12) years.

13.MR. Qassim KATHIM JASSIM: he holds a Master of Business Administration from the University of Tinaka Malaysia in (2012), Bachelor *

of Business Administration from the University of Karbala in (2004) and the Technical Diploma in

).9921( Accounting from the Musayyib Technical Institute in

. He is manager of administrative affairs*

.he has an experience in accountant for the financial and administrative department*

.MUSTAFA JALIL IBRAHIMMR..41 *He holds Bachelor's degree in Engineering pumps.

*He is the manager of the engineering inspection and safety department.

*held the first agent to the director of the Department of caustic soda before 2017.

*Has experience for (15) years in the field of soda and chlorine industry and experience for (10) years in the

field of mechanical maintenance.

:MR.JAMAL HADY HUSSEIN.51 He holds Bachelor 1996 and Diploma engineering education from Technology university at 2000.

He is the manager of information technology department.

He was working as head of the inter data unit at 2002.

He was working as head of information division at 2004.

He was working as head of the internet and web site for company at 2011.

He has an experience in information technology field for (15) years.

26

:JABBARSAFAA NAYEF ABDUL MR..61 •Holds a Master's degree in Materials Engineering from Thabar University of India for 2012.

•Holds a Bachelor of Engineering, Production and Minerals Department, University of Technology, 1995.

•Head of R & D Department.

•Worked in Planning and Technical Affairs Department in 1999.

•Cost of responsibility for the Division of Treasury Control Agency in 2004 and 2007.

•Cost of working in the Investment Division in addition to his work in the research and development

department in 2013.

:HANTOUSHZOHAERHERMR.MA.71 He holds bachelor's in physical science from Babylon university at 1999.

He is the manager of the ISO quality control department.

He was working as manager the measurement and analysis division.

He has an experience in quality control field for (10)years.

18. MR. AZHAD GAZE ABED : * holds a Bachelor in media and public relationship from the University of Baghdad in 1999.

*He is manager of media and public relationship department.

*he was work a manager of media division for (4) years and a director of the media department of one year.

* contribution in the selection of the company's own quality slogans with the Quality Management Division.

*has experience in media and public relationship for more than (10) years.

* Has a competent search of terrorism and psychological warfare.

* Has experience in advertising and editing the picture and video design.

27

During the next five years, the management team seeks to:

1. Achieving the economic objectives of the company and converting it into a profitable company.

2. Optimal operation of new projects that have been completed.

3. Development and rehabilitation of all factories and production units and services through the

announcement of investment opportunities.

4. Raising the productive capacities of its products, developing the quality of production, achieving financial

revenues for the company and achieving the economic objectives of the company.

5. Creating employment opportunities for unemployed workers at the present time through the establishment

of new factories and the development of existing factories.

6. Develop skills for all leading and middle cadres and all associates according to their specialization,

ensuring effective management from all aspects of production, administrative, economic and service by

engaging them in training courses inside and outside the company.

7. Effective implementation of the comprehensive quality system where the company obtained the quality

certificate (ISO 9001- 2008) in 2002.

8. Encourage investors to enter with the company with successful investments and achieve the objectives

that serve the company and the investor through the development of production and raising economic

capabilities and the successful promotion of products.

9. Restructuring the company to increase the efficiency of all departments to serve the company's work.

Targets to be achieved by the team members to lead the business.

28

Director General and chief of directorate

D.G office

Chemical plant s

Technical

affairs Div. Project Div. Inventory control Div.

Investment division

Planning Div.

Statistic unit

Planning and

technical dep.

Internal

auditing Dep.

documentation

finance Div.

Design

Div. Information Div. Programming Div. Information Dep.

Scientific

knowledge Div.

Plan and

project Div.

Plants check

Div.

Salaries and

wages check

div

Plan and project

check Div.

Aids

unit

Contract Div.

Legal affairs Dep.

Land and ownership

Div.

Sailing

check Div.

Cash Div. Costs

Div.

Salaries and

wages Div.

Financial

affairs Dep. Storage

Finance

Div.

Purchasing Div. Import Div.

Suits Div.

Commercial a affairs Dep.

Research Dap Development

Dep.

Advertising and fairs Div. Protected and security Div.

Div.

Development Div. Technological unit

Researches Div.

Test and inspection Div Safety and fire Div

Relations Dep. Relation Div.

Environmental Control

Laboratory Div.

Safety ,Fire ,test and inspection Dap

Control for chemical plants Quality control Dap

Environment Dap Analysis Div.

archive Put in unit

Al-Tariq pesticides plant

(3_4): Organizational structures of Al_Furat state company

(3_5) :Organizational structures of Al_Furat state company




Directorate

(A)organizational structure of Al_Furat state company management:

Fallow-up division

29

Export Div.

Transporting Div. Administration Div. Packing Div. Paper Div.

Marketing Dep.

Clinic Div.

Exhibition and

marketing search

Div.

Marketing

contracts Div.

Management and follow up

unit Manager Dep. Assistant

Resource management

Dep.

Training &

development

Div.

Retirement Div. People

resource

plan Div.

Document

and data unit

Official affairs Div.

الموظفين

Appointment

Div.والمالك

Official

description

Staffing

unit

Premont

and

temperate

official unit

Performanc

e checking

Praise,

Penalties,

Performance

education and

service release

unit

Promotion

unit

Transportation and

temporary

transportation

Vacation

unit

Develop

ment

and

studies

unit

Resource

plan

Scholarship

&

fellowship

unit

Training

development

unit

Training

unit

Retiring

promotion

Div.

Expansion

official

services

Archive

electronic

unit

Personal

documen

tation

backing Div. balance unit

Service unit Telephone unit Restaurant

unit

Auditor Div. Measure, analysis, improvement

Div. Iso quality control Dep Documentation

Div.

organizational structure complete

Data unit

30

Organization structure of chemical plant

Storages

Div.

Caustic soda

plant Div.

Material

storage

Oils

storage

Sodium hypo

chlorite

Raw material

and

accessories

srage

Hydrochloric

acid

Spare

parts

storage

s

Scrap

storage

Production

storage

Steam boilers and cooling

Sulfuric acid a batteries plant Div.

Chlorine

Administrative Services Div.

Planning Div.

Chemical plants

Caustic

soda Ferric

chloride

Electrical maintenances

Div.

Heating

equipment

maintenance

s

Conditioning

maintenance

Work

shops

Water treatment

Main Electric

maintenance

Motor maintenance

work shop

Electric

maintenance for

chemical units

Industrial services Div.

Mechanical maintenances Div.

Rotary

machine

maintenance

Civil engineering

31

Organization structure of Agricultural Pesticide

plant

Employment unit

Bureau manager plant

Management office unit

Secretaries unit

Secret pen unit

Administrative Service Division

Training unit

Planning and Human studies unit

Employees unit

Data unit

Retirement unit

Human Resources unit

Set the time unit

Transport and vehicles unit

Agricultural and service unit

Production Division

Packaging unit

Powders pesticides unit

Herbicides unit

Insecticides unit

Veterinary pesticides unit

Agricultural Anti pests unit

Secretaries unit

Industrial engineering inspection and safety

Division

Preventive media unit

Medical center unit

Environment unit

Civil defense unit

Fire extinguishing unit

Permits Division

Archiving and save

durability unit

Protection unit

Camera control unit

Follow-up unit

Reception unit

Media Division Relations unit

Publishing and media unit

32

Financial Division

Costs unit

Project accounts unit

Cashier unit

Accounts unit

Legal Division

Contracts unit

Legal follow-up unit

Property and lands unit

Planning and follow-up Division

Follow-up

Planning unit

ISO and Quality unit

Reporting and statistic unit

Research and development

Division

Veterinary pesticides unit

Fertilizer unit

Pesticides environmentally friendly unit

Commercial Division Directed customs unit

Insurance of the

production accessories

unit

Documentary dependence unit

Quality control Division

General analysis unit

Control of the

production unit

Class analysis

Division

Cermottograph unit

Project Division

Mechanical unit

Electrical unit

Civil engineering unit

Engineering design unit

33

Internal control

Division

Audit contracts unit

Books and salaries

unit

Auditing project accounts

unit

Maintenance Division

Electrical maintenance unit

Engineering service unit

Mechanical maintenance unit

Marketing Division Fairs and market survey

unit

Sales unit

Information

center Division

System unit

Books and

Programmer

Internet unit

Production of

bottle Division

Packaging unit

Templates unit

Production of bottles

unit

Stores Division

Packaging unit

Store of the packaging unit

The store of the spare

parts unit

34

The Board of Directors shall be responsible for drawing up the administrative, financial, technical and organizational policy of the

Company's affairs in accordance with the provisions of Article (19) of the Public Companies Law No. (22) of 1997 / Amended.

With regard to human resources there is a fundamental axes the focus over the next years:

*Determine company's needs of technical and administrative staff important and effective for the expansion

of the company's production. The company plans to operate a new worker (Young) to run new projects and

to compensate workers who forwarded the retirement of old age and the company have future investment

projects will fill the gap in skills through the use of surplus staff.

*Performance evaluation: the company is working on a periodic basis annually in performance evaluation

activities at the administrative level.

*Professional orientation: through the establishment of training courses and workshops for managers and

workers, production lines, employees and all employees in the company to increase their way to achieving

the goals of the company and work to create a culture guided by the performance of the company.

A summary of the company's management tasks

Implementation of human resources plan

35

Supervised by the Director General on the functions of the Director of Human Resources Management

company in terms of human resource management is responsible for the following activities:

1.Employment and landlords: the task of the job description, owners and hiring permanent and temporary

employment of juveniles and follow up the implementation of the contract.

2.Affairsemployees: assume the functions of performance evaluation and important bonus, promotion and

penalties and termination and vacations, transportation and placement.

3.Retirement: shall extend the career service and promote the pension treatment tasks.

4.Training and development: take the training and development of training and vacations, fellowships and

missions and tasks.

5.Planning of Human Resources Studies and Development: Handles Human Resources Studies and Human

Development planning tasks.

6.transportation: holds the car to transfer staff employees to and from the place of their residence and to

carry out the company's jobs to all of Iraq's provinces and fill wheels' kerosene and maintenance of vehicles

and sustain businesses that require cars within the company, such as crane ,shafl and the required wheels out

the company.

7.Packing: holds the statistical tasks on the staff and the mechanics of the company's transmission lines.

8.Data personal and binders: storing the data and functions of the electronic archiving and documentation.

9.Administrative services: handles cooperative restaurant and child custody tasks.

processes of the human resources

36

Table represents the on-site training curriculum for the year / 2017

Se Name of session Period/day Date of

implementation

lecturer name

1. training course on truck wheels

and plastics containers

screening methods

3 22/01/2017 Munther Ali Nasser

2. Packing of all the company's

products

2 29/01/2017 Haider Yassin Shaker + Munther

Ali Nasser

3. importance of security

clearance for all employees and

the statement of standards and

Ranked

3 5/02/2017 Raad Hatem Serpot

4. Turn the sulfuric acid

production (problems and

solutions)

3 07/02/2017 Muwaffaq Tawfiq Ahmed

5. special instructions controls the

implementation of government

contracts (2) for the year 20 14

3 12/2/2017 Ali Tariq

Jassim

6. unit L R O (run - devices used

to prepare solutions compared

2 15/02/2017 Roy Saleh

7. archiving 3 19/2/2017 Jamal Hadi Hussein

8. types of heat exchangers and

minerals in a soda factory

2 22/2/2017 Abdul Khader Mahdi

9. circles control of electric

motors

2 26/02/2017 Haider Abbas Ahtaaht

10. controls and procedures for

continuous inventory and

closing inventory

3 28/2/2017 Bushra Ismail Khalil

11. training courses for the

documentary cycle

3 5/3/2017 Haidar Abdul Shahid

12. Inspection and maintenance and

wrap of electric motors

2 8/3/2017 Amer Ali Hussein + Saadia

departure of Abbas

13. realization of the examination

(of the receipt of the stomach

until delivered)

3 12/3/2017 Nazir Razak Ali

14. entrance modern marketing and

sales development

2 15/3/2017 Basil mentor Bashir

15. identify the concepts of quality

according to the standard (ISO

9001: 2015)

2 19/3/2017 Maher Zuhair Hantoush

16. private security plans, security

cycle and how successful


17. electric arc welding process 2 26/03/2017 Mohammed Shannan

18. How to make the most of the

time factor in the

implementation of projects

2 29/03/2017 Maher Ali Nur

19. heat exchangers 2 2/04/2017 Kazem Abboud

20. air conditioning equipment

maintenance

2 04/04/2017 Imran Ahmed Mehdi

21. introductory course control in

general

3 04/09/2017 Riyad Abbas Hashem

37

22. Modern trends in media and

public relations

3 16/4/2017 Renounce Ghazi Abdul

23. operational cycle of the device

Atomic Absorption

3 23/4/2017 Najjat Hamid tribe

24. maintenance of electrical

machinery and equipment

(transformers)

3 30/4/2017 Ali Radi

25. ways to run the hard rubber 2 7/5/2017 Nazir Razak Ali

26. cycle for turning 2 10/5/2017 Qasim Kadhim

27. develop the capacity of project

management

3 14/5/2017 desert Abdul Hussein

28. training session on examining

different measurement pipes

with some of the equipment by

steam pressure and water

pressure window

3 21/05/2017 Munther Ali Nasser

29. .Maintenance of air coolers

cycle

2 28/5//2017 Imran Ahmed Mehdi

30. induction course with control 3 4/6/2017 Ihab Hussein Nayef

31. types of steam boilers

(specifications and partes)

3 11/6/2017 Alaa Jassim Cream + Ali Jassim

Abdul Razak

32. identify the types of pumps 2 18/6/2017 blessing rain Abbas

33. contract conditions for the

realization of civil engineering

3 20/06/2017

34. scrutiny salaries 3 25/6/2017 Bushra Ismail Khalil

35. valves and two kinds 2 28/06/2017 Howrah Jawad Kadhim

36. course on the concept of safety

and general guidelines

3 02/07/2017 Kazim Nasser Ghanem

37. staff education cycle of the

dangers they face and raise the

sense of security


38. Outline of the valves are

generally used in the factory, in

particular


39. diluted industry specifications

and sulfuric acid

3 23/7/2017 Haider Yassin Shaker

40. free mineral water, processes

that take place upon tests

conducted

2 7/30/2017 Wafaa Jassim

41. Electric motors Maintenance 10 6/8/2017 Sohail Muheisen

42. high and lowpressure breakers 3 6/8/2017 Mohammad Qasim Hashim

43. technological skills to the hard

rubber vulcanization

2 9/8/2017 0Nazir Razak Ali


spectrum

3 13/08/2017 Saleh Maha Saad

45. supervision and follow-up to

projects

3 20/8/2017 Maher Ali Noor

46. corrosion in metals 2 27/8/2017 Kazem Abboud

47. Chemistry and Technology of

flexible polymers

3 3/9/2017 Nazir Razak Ali

48. Corrosion Engineering and

protect metal surfaces

3 10/9/2017 Safa Nayef Abdul-Jabbar

38

49. Excel System 5 17/9/2017 Ahmed Abbas Ali

50. Travel Act and IFAD No. (38)

for the year 1980

5 24/09/2017 Ahmed Sami Obaid

51. .Help implement government

contracts

3 1/10/2017 Abbas Jassim Hassoun

52. course on the safety and

security of chemical


53. pumps and types its 2 8.10.2017 Howrah Jawad Kadhim

54. welding pipes adjustment 2

devices


55. course on chemical and

electrical hazards


56. course on control in Soda

Project


57. steam boiler maintenance and

operation

2 22/10/2017 Alaa Jassim Cream + Ali Jassim

Abdul Razak

58. maintenance of pumps ways 2 24/10/2017 Nama Motar Abbas

59. course on how to use the safety

requirements


60. tasks permits security and

information office in the

ministry and companies


61. Internet course 5 05/11/2017 Osama Wahab Abdul Razak

62. Internal Audit 3 12/11/2017 Kazem Aliwy Shomran

63. course in the English language 5 19/11/2017 Abdul Ali Hassan Jassim

64. course on occupational health

and safety


65. erosion in pumps and ways of

protecting

3 28/11/2017 Hafiz Kazim Press

66. course on fire and methods of

extinguishing fires risk

2 3/12/2017 Rashid Hassan Ali

67. sulfur nozzle and its

components and how drying

3 5/12/2017 Mahmoud Abdul Ridha

68. How to repair water coolers

with refrigerator


69. course on DCS 3 12/12/2017 Riyad Abbas Hashem

70. pipes and flanges and link 2 17/12/2017 Zainab Mohammed Jawad

71. How to pipe welding 2 3/9/2017 Kream Khudair

72. Modern trends in media and

public relations

3 5/9/2017 Azhad Ghazi Abdul


Gas Chromatography

3 10/9/2017 Russell Abdul Ilah

74. training session on how to use

the fire truck

2 13/9/2017 Hassan Saeed Hussain

75. membrane cell (cell

components, cell maintenance,

dealing with the membrane)

3 17/09/2017 Mehdi Ahmed Radi

76. discipline of state employees

and the public sector Law No.

(14) for the year 1991 average

5 24/9/2017 Ali Tariq Jassim

77. types of tubes in a soda factory

and the method of maintenance


39

78. absorption towers 3 8/10/2017 Haider Yassin Shaker

79. Metal cutting by oxygen 2 15/10/2017 Kream Khudair

80. pages of material safety data

chemical MSDS

5 22/10/2017 Mohamed Fahmy

81. Treatment unit its own

processing

3 5/11/2017 Roya Salah+ Wafaa Jassim

82. hazardous materials

management

3 12/11/2017 Naghm Mehdi Radi

83. Welding and methods of

processing

2 15/11/2017 Mohammed Shannan

84. course on electric Posts

electrical fuses

3 26/11/2017 Jaffar Kassim

85. maintenance and washing turbo

charge

10 1/2/2017 Ali Yassin Jassim

86. operating cycle and

maintenance of oil and fuel

separators

10 5/3/2017 Ahmed Obaid Humaid

87. operation and maintenance

cycle cooling system Cooling

water system

10 10/4/2017 Jassim Mohammad Qasim

88. An introductory course run

around and see parts of the

refueling system engine

5/7/2017 Emad Shaker Abdali

89. Introductory course on

operating conditions and steps

of the engine run

10 4/06/2017 Zaid Ali Saud

90. Course on how to run breakers

session of the pressure medium

and method of synchronization

between the motor and the

National Line


91. Maintenance of high pressure

srakt

10 3/9/2017 Emad Shaker Abdali

92. Steam boiler maintenance 10 1/10/2017 Kamel Sohail Muheisen

93. Maintenance of electrical

control panels

10 11/05/2017 Zaid Ali Saud

94. Ninth security clearance course 5 15/1/2017

95. Specialized course on Gas

chromatograph and Alomig

Absorption

4 5/2/2017

96. Kufic indicators

device

5 19/2/2017

97. Determining the breakdown of

the balance and connecting the

computer weight reading

5 12/3/2017

98. Government contracting course 4 9/4/2017

99. Preparation and analysis of

work plans

2 28/7/2017

100. Specialized course in PLC 4 17/9/2017

101. Management and production

cycle

5 15/10/2017

102. ASNT LEVEIIIUT 5 19/11/2017

40

Al-Furat state Company is one of the most important companies in the production of materials (caustic soda,

hydrochloric acid, sodium hypochlorite, liquid chlorine, concentrated sulfuric acid, battery acid, pesticides)

and high specifications according to the international standards, as the table below, the company seeks to

modernize production technology and raise its production capacity to own the largest share of the Iraqi

market.

The table below shows the company's products and specifications:

competitor Specification No. of

depending

certificate

product No

1. Phosphate state company.

2. Import products

3.smoll plant for private sector

Conc. (97%) min.

Density in (20c0) is (1.83

– 1.84)

Iron –PPM: 300 max.

Residue after burning :

(0.1)max .

Standard Iraqi


sulfuric acid Con 1

No competitive Conc. (33.8 – 37.4) %

Density at (20c0) = (1.250

– 1.280)

Iron-PPM : 12 max

Standard specification

of Iraqi (1118)

Batteries' acid 2

1.Paper state company.

2.Petrochemical state company.

3.Import products.

Conc. (32%)min.

Sodium carbonates

(0.5%) min.

Chlorate –PPM:1100

max.

Iron content-PPM:15

max.

Standard Iraqi

specification (1455 )

Caustic soda solution 3

Conc. (30-33) %

Specific weight in (20c0)

it is 1.4 or above.

Iron : (0.02%) min.

Standard Iraqi


Hydrochloric acid

4



Active chlorine Conc.

(100) L/g min.

Sodium hydroxide Conc.

(15) l/g max.

Standard Iraqi


Sodium hypochlorite

solution

5



3.Import products .

purity (99.5) min. Standard Iraqi

specification (113)


Served basis considering the import of

pesticides by the Ministry of

Agriculture and the private sector are

the only competitors and the company

is trying to cover all the requirements

of agriculture and a section of the

requirements of the private sector in

the next 5 years

Produced according to

standard international

specifications followed

(WHO & FAO) and the

methods of analysis used

in accordance with the

global constitution for the

analysis and adoption of

pesticide (CIPAC) by the

National Commission for

the registration of

pesticides and adoption

certificates

According to the

international standard

variety of pesticides 7

(4_1): Overview

4.Market and Sales

41

Al_Furat state company plan for the next five years aimed at the following:

1. Increase sales to existing customers where they are expected to increase demand for the company's

products and to the fact that most of the customers of the companies of the public sector, most of these

companies have put plans for the development of their work (and increase sales is through the faith of all

employees in the company of being responsible for the marketing process, not just the department of

marketing and through the application of methods and systems of modern work as the application of quality

and preservation of the environment, update and follow-up applied in earnest within the company and that is

reflected on the quality of production and in addition to raising awareness of the need to reduce expenses,

which helps increase susceptibility to stay in the market and competition system and thereby increase

customer satisfaction and win new customers).

2.search for new markets both inside and outside Iraq by targeting customers in their companies' location

through field visits and display models of our products as well as offer other facilities such as transferring

the product to their locations.

3.shopping on mail, use the Internet and related technologies to achieve the marketing objectives and

strengthen the concept of modern marketing, where Al_Furat state company has its own website to

communicate with customers and a special e-mail the company and are as follows:

The company is seeking to sign up a global marketing sites in the near future.

4.show the product through announcement methods such as distribution of leaflets and folders own

definition of the product (quality) and participation of local and international exhibitions.

5.development the competitive ability of the company's products by increasing production and reducing

labor cost and improve the quality of products and this is done through the introduction of modern

technology and develop their own expertise in accordance with quality systems.

6.development announcement for the company's products mode (where the company is seeking to develop

specialized and announcement based on modern scientific foundations of cadres of special skills and

advertising to work to promote the company's products and introduce them to gain new customers and to

expand the geographic reach of marketing).

7.Al_ Furat State Company plan is to increase interest in the process of marketing through the knowledge of

the local market and changes on an ongoing basis to the Al_ Furat State company's strategy in the marketing

process is to keep existing customers and win new customers consistently competitive prices has therefore

been the development of the marketing department of the company by adding new elements trained as well

as the development of announcement and promotion process for the company's products through exhibitions

inside and outside Iraq, local newspapers and TV channels and printed posters promoting products.

42

.MineralsMinistry of Industry and The companies of .1

a. the state company for fertilizer.

b. the state company for food industry.

c.the state company for Petrochemical Industries.

d. the state Company for sulfur Mishraq textile companies and cotton.

2.Power stations.

a. A power station south of Baghdad

b. Hartha power station.

c. Negebiya power station.

d. Nasriah power station.

e. Musayab power station.

f. Dora power station.

h. Al-Qodos power station.

i. Wasit Power Station.

3. The companies of oil ministry.

a. South oil company.

b. North oil company.

c. North gas company.

d. Oil Refinery companies.

4.Ministry of Construction and Housing and Municipalities ministry and Public Works.

5. Municipality of Baghdad.

6.Private sector.

1.Power stations.

2. Company state for fertilizer industry.

3. Oil Refinery companies and South oil company and Digging wells Company.

4. Ministry of Construction and Housing and Municipalities ministry and Public Works and the

Municipality of Baghdad.

5.Ministry of Agriculture.

(4_2): The main customer of the company

(4_3): The five largest customers.

43

1.competitorsexternal (international) where competition similar to the products of our company products

are available in the markets of the neighboring countries in particular, and sometimes from other

countries and those competitors is steadfast as companies and the origins and are the main competition

for the company's products.

2.the state company for Phosphates product especially concentrated sulfuric acid and stopped working.

3. small plants for private sector with regard to the product (sulfuric acid).

Quantity/

ton

Product The company No

1000 Sulfuric acid conc. South fertilizer company/Basrah 1

1000 Sulfuric acid conc. North Gas company 2

600 Sulfuric acid conc. Al_ Dora refineries company 3

270 Sulfuric acid conc. Nujaiba Electricity Station 4

4500 Sulfuric acid conc. Wasit Power Station 5

386 Sulfuric acid conc. Musayyib thermal power station 6

1200 Sulfuric acid conc. South Refineries Company 7

Achieved

percentage

%

Actual sales*1000 I.D Planned sales*1000 I.D Unit Name of product No

value amount value amount

2809338570 8500180 2283000 7610 ton Sulfuric acid 1. 220442500 1993990 226250 1810 ton Dilute Sulfuric acid 2.

3029781070 2509250 total

Note: Sales in the table above for the sulfuric acid plant only, since the new soda and chlorine plant has not yet been

operated by the implementing company, in addition to the fact that the Al-Tariq for pesticides is suspended because

Where it suffered from mass destruction by the terrorist gangs (organization calling the terrorist). The plant was

received from the security forces on 17/4/2017 and the work of lifting the rubble and rehabilitation of the plant was

started by the cadres of our company and according to the cash available.

(4_4): The main competitive:

(4_5): Contracts and agreements during 2017

(4_6): The sales achieved at 2017

44

ministry of electricity

59%

ministry of oil

23%

ministry of industry

5%

private sectore

13%

0%0%

Value Name of customer No

1318686270 Ministry of electricity 1

910708500 Ministry of oil 2

246639800 Ministry of industry 3

553746500 Others 4

3029781070 Total

Name of customer Achieved

Ministry of oil 23%

Ministry of electricity 59%

Ministry of industry 5%

Private sector 13%

Total 100%

(4_7): The sales achieved at 2017 according to ministries

45

Total Baghdad municipa

lities

Ministry of Municipalit

ies

Private Sector

Ministry of Agriculture

Ministry of Trade

Ministry of industry and

mineral

Ministry of oil

Ministry of electricity

Products No

9975 0 0 0 0 0 644 2831 6500 Caustic soda

100% 1.

14424 0 0 6050 0 0 69 1855 6450 Hydrochloric

acid HCl 30% 2.

4508 0 800 200 0 0 431 2861 216 Sodium hypo

chlorite 3.

3952 8000 15000 0 Cylinder

120

590 1000 Liquid chlorine 4.

11820 0 0 1500 0 0 1000 2050 10300 Sulfuric acid

4SO2conc. H 5.

0 0 0 0 0 0 0 0 0 Pesticides 6.

For the largest customer of our company:

a. Power station.

b. Ministry of the Oil companies.

c. Ministry of the industrial and minerals companies'.

d. Ministry of municipalities.

e. Ministry of Agriculture.

Needs were estimated by customers' requests for the purchase of products and the need for the private sector

for all products was estimated.

(4_8): Size of instant market/ton

(4_9): Assumptions used in the current market expectations

46

2017 2016 2015 products NO 2809230 2173300 884000 4SO2acid Conc. H uricfSul 1. 220590 151230 117000 Batteries acid 2.

0 0 0 Caustic soda 3. 0 0 0 Hydrochloric acid HCL 4. 0 0 0 Sodium hypo chlorite 5. 0 0 0 Liquid chlorine 6. 0 0 0 Pesticide variety 7.

3029814 2324530 1001000 total

2022 2021 2020 2019 2018 Products name No

3272500 3272500 3272500 2820000 2820000 Sulfuric acid Conc. H2SO4 1.

400000 400000 400000 200000 20000 Batteries acid 2.

12165000 12165000 12165000 10900000 10900000 Caustic soda in conc. 100 % 3.

1676500 1676500 1676500 1840000 1840000 Hydrochloric acid HCL 4.

1464000 1464000 1464000 1358000 1358000 Sodium hypochlorite 5.

7650000 7650000 7650000 6800000 6800000 Liquid chlorine 6.

0 0 0 0 5445000 Pesticide variety 7.

26628000 26628000 26628000 23918000 29185018 Total

With regard to the distribution strategy for marketing, priority is given to contracts with customers and thus

meet the demands of other customers from the public and private sectors. The sales forecast in the above

table is based on the operation of the new soda and chlorine plant and the Tariq pesticide plant in 2018 and

the new line of sulfuric acid production in 2010 and the potential development of industrial companies,

power plants, refineries and oilfields, which means increasing their need for more products And increasing

with decreasing quantities imported.

(4_10): Table below shows sales achieved during the last years in

1000 I.D

(4_11): Table below shows sales expected during the period 2018 –

2022 in 1000 I.D

(5_3):Table below shows sales expected during the period 2016 – 2018 in 1000

I.D

47

Al_ Furat state company's strategy is to customers divided into the following slides depending on the

stability of their needs and the quality of the desired product:

1.Electric power plants, the Ministry of Oil companies, industrial companies consume large amounts of

chemical products they permanent customers.

2.The Ministry of Agriculture used agricultural pesticide product.

3.municipalities consume large amounts of liquid chlorine and sodium hypo chlorite is also a permanent

customer.

4.The private sector consumes varying amounts of all the products they need and that the oscillatory (non

steadfast clients).

1. Al_Furat state company will make an announcement by media and other advertisement means in order

to familiarize our products and specification of them.

2. Al_Furat state company will make an adverting by internet site.

3. Participate in local and international exhibition to define our products.

4. Al_Furat state company will fame the products through the local and abroad fairs and shows, make and

distribute posters and folders.

5. The company is encouraging customers from the private sector by providing them with certificates of

appreciation and thanks as well as giving priority.

6. Participate in tenders announced by the state companies to expand the sales.

7. Periodic visits to stat companies and invite them to visit our site to see modern machines and products.

The company seeks to provide the following services to its customers:

1. The company should deliver the product to its customers site , and should plan to seize complete special

tracks to deliver the product to the sites of the beneficiaries.

2 . We have to packaging and printing the information upon them to facilitate delivery and storages the

product according to customer request.

3 . Improving the production and manufacturing with the required specifications, with the addition of the

production service on demand by adding advanced equipment and additional production plans.

4. We should open many marketing bureau in different places to facilitate marketing operation .

5 . Advertise and promote about our products through the electronic site.

(4_12): Customers segmentation

(4_13): Promotion style

(4-14): Customer service

48

29363000

23918000

26628000 26628000 26628000

1001000

23245303029814

VA

LUE

THA

USA

ND

ID

MARKETING GROETH expected veified2

Note: The planned figures for the years (2018-2022) depend on the operation of the new soda and chlorine

plant and the operation of the Al_Tareq plant for pesticides.

(4-15):Marketing Growth

49

The implementation plan for Al-Furat state Company for Chemical Industries and Pesticides over the next

five years includes the development and operation of all production plants as follows:

• Operating the new soda and chlorine plant by contracting with a specialized company.

• Establishment of a new line for the production of sulfuric acid center: has been the manufacture of a

number of equipment within the company and the possibilities available and the exploitation of materials

available in warehouses and reduce the importation to a minimum.

• Referring to the implementation of the investment opportunity to expand the production capacity of the

soda and chlorine plant in our company in order to increase the amount of chlorine produced and required

to sterilize drinking water, noting that "the opportunity was announced in 2017 and currently" in the study

phase of presentations.

• Declaration and referral of the implementation of the investment opportunity to modernize and develop

the sulfuric acid industry in the Al-Furat state Company where the investment document was prepared and

obtained the approval of the Ministry of Industry and Minerals on the announcement and currently under

the procedures of advertising.

• Declaration and referral of the implementation of the investment opportunity to qualify and operate Tariq

pesticide plant in Karma, where the investment document was prepared and obtained the approval of the

Ministry of Industry and Minerals on the announcement and currently under the procedures of advertising.

In addition, the company plans to develop the service sections (technical, administrative, financial,

commercial, research, development and environment). The plan also focuses on marketing department and

developing its capabilities and supporting the department with trained cadres and intensifying development

courses in marketing.

5.Implementation and project system:

(5_1): Overview

50

a. Sulfuric acid plant technical way.

fusing of the sulfur by the heat of supper heated steam in (150c).

convert the fused pure sulfur to storage tank.

burning the liquid sulfur by furnace in (1100) c0temperature which convert to gases.

cooling the result gases by using a boiler which absorb the heat to reduce the temperature to (150) c0

and generate steam.

purification of the gases from dust by filter.

Gases in the four contact rooms are contact with the existing adjuvant (V2O5) vanadium pent oxide with

enough oxygen gas to produce SO3 through the equation(SO2 + 1/2 O2 = SO3), The product (SO3) gas is

cooled using a double SO3 to (180-200) C°.

sending SO3 gas to absorption tower and by react with water it converts to H2SO4 according to the

reaction below:

H2SO4 + SO3H2S2O7( exothermic reaction )

H2S2O7 + H2O 2H2S2O7(exothermic reaction)

The concentration of the acid produced shall be 97.5%. In case of different concentration, the

modification shall be done by reducing or increasing the amount of water added in the mixing tower.

The acid (90 C°) is then cooled to (40 C°) using sulfuric acid coolers. Samples of acid coolers are taken

for acid concentration testing.

If the concentration of acid within the required specification is pumped into the daily production tank

and then to the main tanks where marketing is. In case the concentration outside the required

specification is returned to the absorption tower and then mixing to return the acid to the required

standard

The production capacity of the plant is (40) tons / day, the current production capacity rate (35) tons /

day.

4o2Lab check for activity v

Drying

Lab. Check for concentration and purity

(5_2): Production activities

Sulfur

storage

Absorption

and towers

Waste heat

boiler

Sulpher burning

(furnace) Sulphermel

ting

to 2So

rconverte3so

Gas filter for

2SO

Acid cooler Acid storage

Local storage tank

cooler

51

b. Caustic soda plant production activity technical way.

Technological course of the plant consists of the following stages: -

1. Prepare the brine solution: where melting salt water by a process in a certain temperature and prepare

brine (Brine) and adjust the focus and specifications to be pumped to the electrolysis cells.

2. Electrolysis: - at this stage is the production of caustic soda and chlorine gas and hydrogen from

electrolysis of brine solution that has been pumped from the first stage and is used in the production of

these gases products set out in the following stages. The storage soda substance in metal tanks.

3.liquefaction of chlorine: - at this stage is convert part of the chlorine produced in the electrolysis cells

into liquid chlorine through the use of temperature and specific pressure and the product is stored in metal

tanks and then packaged in ferrous cylinders and uses liquid chlorine in the sterilizer of drinking water.

4. the production of hydrochloric acid: - The production of acid from the reaction part of the chlorine

produced in the electrolysis with hydrogen gas in a special oven for this interaction and is absorbed with

water to produce hydrochloric acid and the product is pumped into storage tanks lined with rubber.

5. Production hypo: - produced hypo through reaction the part of the chlorine gas with the amount of soda

and is used for the purposes of sterilization and the clean and the product is pumped into fiberglass tanks

GRV.

*The plant has been completed and awaiting production and production.

52

(19)Air

(1)Raw salt

)5) Depleted Brine

(2)

tvenHydrogenDepleted Brine (4) Primary Brine wet Hydrogen(15)Purified Brine(3)

(11) (6)

NaoH 32%

Wet Hydrogen (16)NaoH 32% wet chlorine Gas (12)

Wet Chlorine(8)

NaoH

)(13)

Na oH 32%

Dry chlorine Gas

Tail Gas(10)(7)

Liquid Chlorine (9)

(18)(14)

NaoH 50% Sodium Hypochlorite10.5%

Acid 32% Hydrochloric(17)

Secondary Brine

purification

Brine

Dechlorinataion

HCL Synthesis

Hydrogen

Treatment

Caustic

concentration

Brine saturation

ChlorineTreatm

ent

Chlorine

Liquefaction

Brine Electrolysis

Product Tank Yard

& Filling Station

53

The implementation plan pays much attention to the plants development as follows.

Caustic soda plant.1

The production of caustic soda has been updated and developed through the installation of a new plant for the

production of caustic soda, hydrochloric acid, liquid chlorine and sodium hypochlorite solution, using new technology

which adopts the membrane method which is environmentally friendly, advanced equipment, high production capacity

and currently in operation.

The increase in production as a result of the operation of the new plant in the coming years will bring great returns to

the company, as well as improving the quality of production and low production costs will lead to high

competitiveness of the plant products with other products, which leads to increased marketing quantities and control of

other markets in addition to maintaining our current markets.

2.Sluphuric acid plant

The plant is still operating with production capacity (35) tons / day. Despite the aging of the equipment on which the

maintenance work was carried out, the factory works with old technology.

The company seeks to develop factory work and increase production capacity through:

• The announcement and transfer of the implementation of the investment opportunity to modernize and develop the

sulfuric acid industry in Al_Furat state Company, where the investment document was prepared and obtained the

approval of the Ministry of Industry and Minerals on the announcement and currently under the announcement of the

opportunity include the establishment of a new line of production of sulfuric acid center capacity (75) tons / For the

production of alum because of the large demand for alum and the fact that concentrated sulfuric acid enters as a basic

material in the alum

• Establishment of a new line for the production of sulfuric acid center: has been the manufacture of a number of

equipment within the company and the possibilities available and the exploitation of materials available in warehouses

and reduce the import materials to a minimum.

3.Agricultural Pesticide plant

The plant is currently suspended due to the damage caused by the terrorist operations in Anbar province. The company

is seriously seeking to restore the status of its products in the market as it was before the recent events in Anbar

province, where the value of the plant sales for 2013 amounted to (6) billion Iraqi dinars.

The main obstacles facing the factory are as follows:

1) The plant is located in hot and unsafe area.

2) Re-registration of pesticides by the National Authority for the registration and certification of pesticides and this

takes a long time and effort.

3)Continued demand by ministry of agriculture and the ministries in the public sector on new pesticides never

produced before and the company sought to produce, but the registration takes a long period may extend to two years

and the company trying to convince beneficiaries and especially the National Commission authorizing to produce

under paragraph (in the registry) that the product is checked periodically for each packed marketed production in

approving this proposal, the company can sign several contracts with public sector ministries are expected to make up

the contracts for about (50%) of the design capacity of the plant

4)The company is seeking to provide protection for national products of pesticides through laws provided by the State

so, this will contribute to effectively and significantly with limiting the import of low-efficiency pesticides that harm

the crops and Iraqi environment where the imported fertilizers are not examined scientifically as with pesticides

produced by Al-Tariq plant registered and assessed by a committee in the ministry of agriculture. And when we find

that the private sector will tend to get agencies or contracts with Al- Tariq plant and is expected to be about (25%) of

the total design capacity of pesticide plant.

54

The quantities of products sold to our customers depend upon the quantities produced in the plants because the size of

the market is larger than the production capacity.

Marketing is done through the marketing department of the company for the aforementioned clients. "The marketing

process is done by one of the two options below and according to the customer's request:

1. The delivery of the product to the customer's site by the company's car or through the rental of cars to deliver the

product for the purpose of winning customers and providing them with a service and competition of imported

products. Al-Furat plans to purchase suitable transport trucks to transport the product in the next five years to increase

flexibility in marketing.

2.Selling the product is sold in the stores of our company and this depends on the customer's desire.

.sourcesthe raw materials used and its .1

Sources Raw material Products No Locally Geological search state company NaCl salt Caustic soda 1

Locally geological search state company NaCl salt Hydrochloric acid HCL 2

Locally(north gas company) Sulphur 4so2acid conc. Huric sulf 3 Locally, Geological search state company NaCl salt Sodium hypochlorite 4

Locally, Geological search state company NaCl salt Ferric chloride 5

Locally ,Geological search state company , Al-wasat Oil company / Al Ahdab Field

NaCl salt Liquid chlorine 6

Locally( north gas company) Sulphur Batteries acid 7 Imported/ locally Xylene - Shell Sol -

Calcium carbonate Agricultural pesticides 8

2. The company gets electric power from the main sources of energy in the country (national electricity). The

company has small generators that are used when power cuts especially in the summer season and the application of

the cutting program. However, these generators are not enough to operate the production lines. ) Of the origin of

GERMAN COMPANY MAN and is ready to work.

3. Equipment and spare materials are secured by importation and a part of the backup materials is provided

locally by Local markets or manufactured in sister companies.

4. Water source from the Euphrates River near the company and there is a plant for purification and

desalination of industrial water and drinking water. Which produce industrial water:

a. Water free of minerals.

b. Soft water.

c. Water filter.

(5_3): Sales

(5_4): Distribution.

(5-5) Input sources

55

5. The steam used in the production processes of the chemical plants is produced from the company's

existing steam boilers.

6. The oil and fuel necessary for the production process are purchased from the Ministry of Oil from its

branches in Babel, Baghdad and Najaf.

Al_Furat company plan is to confirm the right and useful decisions which applied in the previous plans, change or

improve the wrong or not useful decisions.

1. The plan depend upon the flow of information's through the previous experts of the company team or that may be

gained from other companies both locally and foreign and make use of the global internet to get technical,

administrative or economical information's.

2. The plan pay attention to the distribution of the product that sold to the customers and users.

3. The plan is to improve the inventory systems, inventory managing and lessen the inventory cost. through developed

marketing methods to activate the sales according to the statement (the products that store before should be sale

before)

4.The plan is to improve the accounting system by an electronic way and issue all the accounting statement.

5.The plan is to improve the electricity power, sources of water and telecommunications.

• Water industrial production and distribution plant (caustic soda, sulfuric acid).

• Production plant and distribution of steam joint between the above plants.

• There is a joint power station for the distribution of electricity to all sections and factories of the company except the plant of the

Tarek for agricultural pesticides because it is located in another location(Anbar province / Fallujah city / Karma district).

.

• A number of factory products have been used by other departments and factories:

1. Sulfuric acid is used in the production of liquid chlorine in the soda plant.

2. Chemical substances produced in chemical plants such as caustic soda, sulfuric acid, hydrochloric acid and chlorine

are used in water purification operations at the company's water plant.

(5_6): Key opportunities to improve business system

(5_7): The relationship between the plants and other department

56

1. Mr. Ali Qassim Kadhim is the D.G and the chief of the directorate will be the first person who responsible of the

plan management with the assistance of other teams.

2. The planning and technical affairs department prepares the studied plans and follows up their implementation for

the purpose of upgrading the company and submitting daily reports to the Director General and monthly reports

to the board of directors for discussion.

3. In each plant, the plant manager, the project manager concerned and a group of engineers will follow up the

implementation stages of the plan and submit periodic reports on the stages of completion of the plan to the

management of the company.

4. The marketing department develops the marketing plan of the products in proportion to the increase in production

capacity annually.

5. The administrative, financial and commercial departments shall develop plans for the development of their work

and shall be implemented after the approval of the General Manager and the Board of Directors of the company.

The business plan of Al_Furat state company during the following years includes the operation of the new

soda and chlorine plant through contracting with a specialized company

Benefit Cost/million Investment

Securing part of the country's

needs of liquid chlorine in

the sterilization of drinking

water in water liquefaction

stations as imported material

at high cost

Filling the need of the

Ministry of Oil and

electricity of the project

products. (Soda, hypo, HCL)

Support the national economy

by providing hard currency to

import the above products.

1000 Operating the new Caustic soda

plant by contracting with a

specialized company

A number of equipment has been

manufactured within the

company. The operation of this

line will help to meet the

country's need for the product

because of the increasing

demand for it.

Establishment of a new line of sulfuric

acid production with the company's own

capabilities (financial, material

availability, technical expertise)

(5_8): Project manager

(5_9): Short term

investment

57

The business plan of Al_Furat state company during the next five years of the work plan includes the

implementation of the investment opportunities shown below where the investment files were prepared and

obtained the approval of the Ministry of Industry and Minerals on the announcement:

Benefit Cost/million Investment

* Cover the local needs of the product and stop the

import and achieve financial revenues of the company

with the provision of hard currency spent to import the

product

* Product profits because the main raw material in

production is the sulfur material, which is available

locally where it is purchased from the North Gas

Company or the Central Oil Company and this greatly

reduces the hard currency involved in production.

*The availability of employment and technical expertise

in the company since it has a factory for the production

of sulfuric acid center since the sixties of the last

century.

*Implementation of the project will reduce pollution

from the emission of SO2 and SO3 from the current

plant, which affects the environment surrounding the

company.

*The operation of this project will improve the

economic situation of the company and this is reflected

in the economic situation of the employees of the

company and the area surrounding the company as most

of the workers are residents of areas near the company

and this helps in the economic recovery in the local

markets and the development of the region and the

social life of the citizens.

14013.2 Modernization and

development of conc.

Sulfuric acid

* Filling the country's needs of liquid chlorine in the

sterilization of drinking water in water liquefaction

plants as an imported material at a high cost. The

production capacity of liquid chlorine for the current

plant in our company covers only 30%

* Filling the need of the Ministry of Oil, Electricity,

Municipalities, Water, Sewage and Health of the project

products.

*Support the national economy by providing the

country's hard currency.

61471 Expansion of the

capacity of the soda and

chlorine plant through

the establishment of a

new plant for the

production of soda and

chlorine with a

production capacity of

45 tons / day.

Provision of agricultural pesticides required by the

Ministry of Agriculture, which is currently imported for

the absence of a similar plant in the country.

5500

Rehabilitation and

operation of the Tariq

Pesticide Plant in

Karma

(5_10): Long term investment

58

Al_Furat state company plan depends on many opportunities such as:

1.The company's location in central Iraq gives it the flexibility to market its products and availability of

transport media and low transport costs help it compete.

2.There are some good local markets, most of our customers represent fixed market and it is expected to

grow in future more than (10%) yearly because all of them are state and they began to put a plan for growth.

3.The strategy of the Iraqi state in the implementation of investment plan and the introduction of capital to

increase investment and development of the Iraqi economy provides an opportunity to increase the need for

all products of the company for all sectors of the economy.

4.The implementation of the company's plan to increase production and improve quality to reduce the cost

of production provides an opportunity to apply competitive prices, which increases the company's ability to

market its products.

5.Most of the raw materials available locally (salt and sulfur) provide some of the success opportunities for

the company's plan.

6. The company obtained project financing on the investment plan such as the soda and chlorine project was

completed in 2016.

7.Al-Furat plans to create new projects aimed at increasing production capacity of the existing factories and

producing new products such as the development and modernization of sulfuric acid, the environment-

friendly center and the project to expand the production capacities of soda and chlorine plant, and each of

the above projects Where the investment opportunity was announced for the expansion of soda and chlorine

and the rest of the investment opportunities will be announced.

8. The current security situation in the region provides the success of the company's business plan.

9.It is also possible that the products of our company are covered by the law of protection the national

product and the decision of the Council of Ministers No. (329) for the year 2015.

10. The company has a bright name in the chemical industry, providing an attractive opportunity for

investors.

Opportunities and risks.6

(6_1) opportunities

59

The risks facing the company are as follows:

1. Operational Risks:

A. Technical problems that may occur during the operation of the new soda and chlorine plant

B - The production lines of the company face the risk of power outages, especially in the summer season,

and caused by the interruption of production and damage to equipment that are in contact with chemicals,

and power outages lead to damage in the membranes of the cells of electrolysis for the soda plant and

chlorine and damaged some lines carrier For sulfur as a result of steam breakage for the concentrated

sulfuric acid plant.

2 - Material risks: The presence of economic changes in the country and affect significantly on the liquidity of the main

customers and their inability to pay the value of products processed them, which sometimes causes the

accumulation of debt and lack of liquidity within our company.

3 - Security risks: An important factor is the disruption of roads and the disruption of the movement of the company 's

products to customers as well as impede the movement of the transfer of raw materials and oil derivatives

from sources to the company, which negatively affects the sustainability of the productive process.

4. Other risks: Determination of the legal position of the soda and chlorine plant referred to in operational risk above

5. Market risk:

The marketing of agricultural pesticides is expected to face some constraints due to the location of the plant

in an unstable area of security "

And that all this notice occurred outside the company, but in the years (2007 - 2010) there has been a

significant improvement in the security situation and the renewed violence in recent years represents a

danger in the implementation of the plan.

The security plan of the company depends on the presence of more than (118) guard and security personnel

trained and maintain the security of the company in cooperation with the local government to maintain the

security of employees and the company and the Ministry of the Interior process of protecting the company

through a number of elements (F.P. S). A supplier or visitor to the company has not been exposed to any

risks in previous years. The company's guards and the security forces are sufficient to protect any visitor,

and the real dangers are instructions from the Interior Ministry to withdraw the weapons of the civilian

guards.

(6_2): The risks

61

Al-Furat state Company for Chemical Industries and Pesticides owns several factories and these plant are

distributed within two sites as detailed below:

The main location.

Where the general administration, chemical factories and all other services and factory accessories is located on the

public street between Musayyib and Sada Al Hindi. The General Department includes the Office of the Director

General, the Board of Directors, the administrative, financial, commercial, planning,investement and control

departments, the Information and Quality and Security Center, With factory accessories and its affiliated stores.

.plantsChemical a.

1. The new caustic soda plant contains a number of productive and service buildings and steel structures representing

all units of the project.

2. Sulfuric Acid plant. (All equipment is exposed as required by the production process)

3. Water purification and desalination plant.

4. Steam generating station.

5. Power generation and distribution plant.

6. Industrial Water Equivalent Unit.

7. Mechanical workshop, lining of reservoirs, pipes, electric motor repair workshop and rotary equipment repair

workshop

8. Stores of raw materials, general and spare parts and oils.

9. Tanks of chemical products.

10. Current production levels:

• Caustic soda and its products: The plant is new and currently in operation.

• Sulfuric acid: 35 tons / day.

the main road between Baghdad, Falluja, Anbar, heavy water drainage and rain.

• All service facilities are available as follows:

1. Integrated service.

2. Buildings adapted to all unit managers and departments.

3. Drinking water, bathing in all sections of the company, sanitation and necessary amenities for all

members are available.

4. Transport modes are available for all transporters to transport them to the workplace and vice versa

Current status.7

(7_1): Overview

62

2) The second location.

Agricultural Pesticide plant

It is located in Anbar province / Fallujah district / Garma. The location includes an integrated plant for the

production of various agricultural pesticides. The plant has buildings, a productive, administrative and

service facility, stores with water and national electricity and generators with a capacity of (100) and (500)

kilowatts. It covers the plant's needs in the case of production. The drying basins are available for the

disposal of production waste as well as occupational safety equipment and fire extinguishers. Infrastructure

is available from the Fallujah Cement Plant, which is 3 km away, electricity and paved roads, and is close to

the main road between Baghdad, Fallujah, Anbar, heavy water drainage and rain.

*The current levels of production / the plant is currently suspended due to the fact that it is part of the

military operations division in a governorate where it suffers from mass destruction by the terrorist gangs.

The plant was received from the security forces on 17/4/2017.

The company plans to restart the factory where the work of lifting the rubble and rehabilitation of the plant

was started by the cadres of our company and according to the cash available. The first phase of the

rehabilitation work was completed and two production lines were put into operation.

.

The required investments during the next five years up to (80) billion Iraqi dinars for the purpose of developing and

modernizing the industry of sulfuric acid conc. and expansion of the soda and chlorine plant and the rehabilitation and

operation of the plant Tariq agricultural pesticides through the announcement of investment opportunities.

The investment needed:

63

Sr. Details Quantity

1. Brine Unit

Salt Handling

Primary Brine Section

Secondary Brine Section

1

2. Cell House

Electrolysis, Cell racks, Safety system etc…

Cell house workshop and membrane repair kit

Cell house piping

Cell house crane & other hardware

1

3. Systems Around Cell House

Chlorate Decomposition

Brine de chlorination

Catholyte System

Chlorine Treatment

Hydrogen Treatment

1

4. Chlorine Handling Section

Chlorine Drying and Compression Unit

Chlorine Storage Tank, Filling, Weighing Scales & Hoist

Waste and Emergency Cl2 Handling

Hypochlorite Unit

1

5. HCl Unit

HCl Production Unit and Storage 1

6. Utilities

Raw Water Storage and Pumps

Dematerialized Water Unit and Storages

Cooling Tower Unit

Chilled Water Unit

Steam Generating Unit

Instrument Air System

Padding Air System

Nitrogen Generating Unit

Diesel Unit

1

7. Industrial waste water treatment unit 1

8. Electricals

Rectifier & Accessories

Auxiliary Transformer

MCC Unit, DBs, Cables, etc.

Plant Lighting

1

9. Piping & Valves

10. Instrumentation including DCS & Field Instruments

(7_2): Appendix for machinery

Caustic soda plant

64

1.Sulphur melting tank Q=1

2.pure sulfur store /1

3.Slufhur pumps Q=2

4.SO2 gas filter Q=1

5.Sulphur burning furnace Q=1

=3convertor Q2 SO.6

coolersQ=33and SO2 SO. 7

8. Absorption tower Q=1

cooler Q=14 SO2H.9

10. Daily production tank Q=1

cooler Q=14 SO2H.11

12.Batteries acid producer unit

13.pipe system of different sizes

14.Control and measurement instruments.

15. pure Sulfur Tank Q=1

16. dry tower Q = 10 and mixture tower Q = 1

17. variables pumps Q = 10

Note: all the equipment in middle work and maintenance process cautious yearly.

No. Products Measurement

unit

Actual

Production

2017

Notes

1. sulfuric acid conc. Ton 6716

2. sulfuric acid dilute Ton 1260

3. Caustic soda Ton 0 It is planned to be contracted

with a specialized company to

operate the plant 4. HCl acid Ton 0

5. Hypochlorite sodium Ton 0

6. Chlorine liquid Ton 0

7. Pesticide variety Ton 0 The plant is currently suspended

for being part of the military

operations division in a province

where it suffers from mass

destruction by the terrorist

gangs. The plant was summoned

by the security forces on

17/4/2017.

The company plans to activate

the production through the direct

work of lifting the rubble and

rehabilitation of the plant by the

cadres of our company and

according to the cash available.

acid plant uricfsul

(7 – 3): The current production levels

65

a. The current status of the company's accounting records reflects the real value of the financial position

of the company and operates according to the international and Iraqi accounting standards.

b. The introduction of financial data in a sophisticated electronic system (electronic calculator) and in

accordance with advanced systems in line with the global systems (the unified accounting system) and the

system of warehouse systems as well as cost systems and analysis of expenses and other modern systems.

c. Our company operates an advanced accounting system where all the required reports are extracted

during the first days of the month concerned and are extracted (the sales book and the balance of the

issued and the other) before the specified time and then the balance of the monthly audit which expresses

the balance sheet and profit and loss account and cash flow statement.

d. Payments shall be negotiated in accordance with the plan established by the Company under the current

circumstances of the country.

e. Accounts receivable in the Company are carried out in accordance with an advanced mechanism that

operates with manual records and the electronic input system. Receivables are continuously monitored

through a unit of the Financial Records Division called the Accounts Receivable Unit.

f. The company conducts continuous inventories in the company for the purpose of stock inventory, where

inventory committees are formed. The results are matched with the actual location as well as with the

input in the warehouse accounts in the financial department to arrive at the good results of the conformity.

The defect is then processed directly according to the financial controls, and the inventory and matching

of the inventory assets are done in the following ways:

First: The method of continuous inventory is a monthly inventory.

Second: The method of annual inventory, which is carried out by the end of the fiscal year.

Third: The method of sudden inventory.

Finance reporting.8

(8 – 1): Currant state.

66

First / The revenue during the years of plane is according to the plan. The increasing of revenue for one year

comparing with the previous year (status activity revenue) during the first stage as in (A) below when we

add the other revenue, the result appears in (B)

(A) (B)

Note :That there are other revenues expected to be obtained from the ongoing operations of all the plants of

the company where the percentage of other revenues compared to the income of current activity and total

revenues as follows:

Second /The process of implementing the plan correctly and according to the plan will be obtained the

required returns in addition to the expenses to be disbursed to implement the plans and as planned within the

company Note that the yield achieved for the years planned compared to the cost of current activity

(expenses) are as follows:

Sr. The ratio of planned revenue to the

overall revenue .

Sr. The ratio of planned revenue

1. Revenue of second year/first year * 100 %=

(23918/29363) *100 % =81%

1. Revenue of second year / first year * 100 %=

(23968/29413) * 100 %= 108 %

2. Revenue of third year /second year = 111% 2. Revenue of third year / second year =121 %

3. Revenue of fourth year /third year= 100% 3. Revenue of fourth year /third year= 100 %

4. Revenue of five year / fourth year= 100% 4. Revenue of five year / fourth year = 105%

Sr. The ratio of other revenue to the

total revenue .

Sr. The ratio of other revenue to the

current activity revenue . 1- The other revenue1st year

* 100 %

Total revenue

50

*100 % = 0.17 %

29363

1- The other revenue for 1st year

*100 %

The status current revenue for

50

*100 % = 0.16 %

29413

2- The second year = 0.2 % 2- The second year = 0.2%

3- The third year = 10% 3- The third year = 8%

4- The fourth year = 10% 4- The fourth year = 8%

5- The five year =15% 5- The five year =13%

Sr. Realized yield Sr. Net Operating Profit Ratio 1- surplus income

* 100 %

net current activity cost

243

*100 % = 0.9

25300

1- Net Operating Profit

*100 %

Net Sales

243

* 100 % = 0.8 %

29363

2- The second year = -17 % 2- The second year =-18%

3- The third year = 13% 3- The third year = 11%

4- The fourth year = 13% 4- The fourth year = 11%

5- The five year =30% 5- The five year =23%

(8 – 2): Financial business plan for the next five years

67

The costs of the current activity of the plans are going according to the plan and depends on the monitoring

system in calculating the actual costs of each product (production control + production + marketing +

administrative services) and it depends on an advanced cost system to calculate the costs of raw materials

and wages and indirect industrial costs with the profits.

Note that the current activity cost for the planned years is as follows as compared to the previous year with

the following:

1. Second year compared with first year= (24837 /125300) * 100% =98%.

2. Third year compared with second year =89%.

3.Fourth year compared with third year =100%.

4.fifth year compared with Fourth year =91%.

There is still a need for financing for the purpose of implementing the plans set up by the establishment of

new projects and updating the current in any way to the statute of limitations of machinery and equipment

factories and not to obtain the required backup tools in addition to the variables of the current state of the

country.

The investment of such funds and within the plan will provide profits to the investor who can continue for

several periods and according to the income projections for the planning years to implement in a normal

situation as follows:

1-First year (243) milliard dinars.

2-Second year (-4442) million dinars.

3-Third year (3076)million dinars.

4-Fourth year (3076) million dinars.

5-fifth year (6203) million dinars.

Average return of investment = (net profit / (Active capital + long term assets)) *100%

1-First year = (43/(15508+12059)) × 100% = 0.8%.

2- Second year = -15%.

3- Third year = 10%.

4-Fourth year = 10%.

5-fifth year = 20%.

This indicator indicates the return achieved by investments devoted to the project and this means to obtain a

good investment index and when compared with the banking interest, the return on investment is better than

the position of cash in banks against interest.

(8 – 3) Expenses

(8 – 4) Funding

(8 – 5) Profitability

68

Liquidity is very important and necessary for the implementation of the annual plans and that receipt of cash

within the specified period will achieve the purpose of cash and that the cash required in the worst

probability is determined according to the conditions of implementation of the plan.

That the main sources of capital for the purpose of implementing the plan and achieve the desired aim is to

obtain funding through the investment plan or by the receipt of loans or through the operating budget of the

company.

The implementation of the well-planned plan will reach the company's balance sheet at a steady pace as

fixed assets will increase by (417) %last year's over first year increase.

The capital is adjusted in accordance with the plans set up in order to avoid any risks surrounding the

company. The percentage of capital increase for the last year for the first year was (417) %. This percentage

means a rise in capital resulting from an increase in working capital and capital invested through capitalizing

projects. Which is hoped to be completed according to the agreed periods.

(8 – 6) Cash

(8 – 8) Future overhead balance statement

(8– 7) capital resources

(8-10) Capital

69

2022 2021 2020 2019 2018 Details

26628 26628 26628 23918 29363 Revenue current activity

(41 – 45 )

20225 22175 22175 24837 25300 Net status activity cost

6403 4453 4453 99- 4063 Status activity surplus

500 450 450 323 470 Marketing service cost

5903 4003 4003 1342 3593 Trade and production

surplus

2800 2400 2400 2250 2500 Administration services

cost

3103 1603 1603 3592 1093 Status operation surplus

4000 2373 2373 50 50 Other revenues(h44+

h44+h48 +h49)

900 900 900 900 900 Other expenses

30628 29001 29001 23968 29413 Total Revenue

24425 25925 25925 28410 29170 Total Expenses

6203 3076 3076 -4442 243 Income surplus

2022 2021 2020 2019 2018 Details

3299 3123 -3053 1139 2426 Cash balance at 1/1

26628 26628 26628 23918 29363 Revenues

4000 2373 2373 50 50 Revenues from other

source

3000 3000 6000 4000 5537 Repayment of debtors

36927 35124 31948 29107 37376 Total Revenues

24425 25925 25925 28410 29170 Expenses

900 900 900 900 900 Other Expenses

1000 1000 500 850 1000 Capital Expenses

4000 4000 150 2000 5167 Repayment of creditors

30325 31825 28825 32160 36237 Total Expenses

6602 3299 3123 -3053 1139 Cash balance at 31/12

The expectation for the next five years five years (x 1000000)

Expected cash flow and investment required

70

2022 2021 2020 2019 2018 Details

1400

95

13162

95

13192

95

12563

95

11964

95

Assets

Fixed assets

Continuous project

14095 13287 13287 12658 12059 Total fixed assets

530

6784

4500

3

528

6784

4401

3

528

6784

4401

3

502

6461

4191

3

478

6153

3991

3

Current assets

Cash

Liabilities and other dues

Value of store materials

Credit document for buying

goods

11817 11716 11716 11157 10625 Current assets group

25912 25003 25003 23815 22684 Total assets

8090

20000

0

43000

0

8072

19951

------

42924

------

8072

19951

------

42924

------

7687

19001

----

40880

----

7321

18096

----

38933

----

Long term funds

Reserve capital

Reserves funding

Long term

Long-term loans received

Frozen dept. at 9/4/2003

71090 70947 70947 67568 64350 Total Long term funds

60072

0

3986

60072

-----

3986

60072

-----

3986

63234

------

4196

66563

------

4417

Short term funds

Accounts payable and other

receivables

Current book (Import Materials)

Accumulated deficit

64058 64058 64058 67430 70980 Total short term funds

135148 135005 135005 134998 135330 Total liabilities and ownership

The balance sheet for five years/million dinners

71

2022 2021 2020 2019 2018 Years 1528 1528 1455 1385 1319 Value

added

2022 2021 2020 2019 2018 Years 17099 17099 17099 16284 15508 Active

capital

2022 2021 2020 2019 2018 Years 153733 153733 146412 139440 132800 Investment

capital

Value added for five years

Active capital for five years

Investment capital for five years

72

-5000

0

5000

10000

15000

20000

25000

30000

12345

243

-4442

30763076

6203

2917028410

259252592524425

29363

23918

266282662826628

Profits Expenses Revenue

Revenue and Expenses Diagram

1.furattco.gov.iq/englishplan.pdf5 the company produced by plants above the following products:...

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