OMAN: Cement tenders sizeable capacity expansion

Oman Cement has decided to increase its cement grinding capacity by installing an additional cement mill capable of processing 150 tonnes of material an hour in response to rising sales and profits.

Chairman Dr Abdullah Abbas Ahmed told the Times of Oman that the tender process has already been initiated for the building of the plant.

Oman Cement is also planning to improve its pollution control equipment to control dust emission levels and is in the process of identifying a consultant for this project.

In the first nine months of 2012, Oman Cement saw its net profit increase by 32.5% to $33.4m, up from $25.2m for the same period last year. Sales revenue increased by $14.3m, or 290,000 tonnes.