Oman’s Raysut Cement Company to invest in expansion plans
According to local media, Oman’s Raysut Cement Company is to invest US$24 million in four expansion projects. The expansion plans, which have recently been approved by the cement producer’s Board of Directors, span Oman, Yemen, Somalia and Ras Al Khaimah in the UAE.
A cement terminal for storing, packing and distributing cement will be established at Berbera Port, Somalia, as part of a joint venture with a local partner. The terminal will comprise three silos, each with a 4000 t capacity. Another terminal will be built at Duqm Port, Oman, which will include two 4000 t capacity silos.
A grinding plant is to be constructed in Mukulla, Yemen, through Mukulla Raysut Company. The 0.5 million tpa plant is to be carried out as part of a joint venture with a local partner. Meanwhile, subsidiary Pioneer Cement Industries in Ras Al Khaimah, UAE, will see its production capacity increase. The investment plans include the upgrade of cooling and environmental management systems, as well as a new cement silo.
Edited from various sources by Louise Fordham.
Read the article online at: https://www.worldcement.com/africa-middle-east/11062013/raysut_cement_expansion_plans_yemen_somalia_oman_1011/
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