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16/08/2016 05:23 AST
Oman’s Raysut Cement, a leading cement producer, is currently upgrading its gas supply station at its plant in Salalah, to enable the facility to receive an additional 40,000 cu m of gas per day as fuel, said a report.
Upon completion of the upgrade, production capacity of cement will rise to about 130,000 to 140,000 metric tonnes per annum, Ahmed bin Yousuf bin Alawi al Ibrahim, chairman of the board of directors, was quoted as saying in the Oman Daily Observer report.
The upgrade is one of several expansions and improvements underway across the group’s domestic and international assets.
It includes the ongoing implementation of the parent company’s joint venture project with Barwaaqo Cement Company in Somaliland, it said.
At Duqm Port, construction has been completed on the company’s cement handling terminal, which is expected to formally begin commercial operations in the third quarter of this year, added the report.
Trade Arabia
27/03/2018
Raysut Cement Company, the regional leader and largest producer of cement in Oman, recently inaugurated its new state of the art fully automatic packing machine.
The new packer, installed
Times of Oman
27/07/2017
Raysut Cement said its shareholders have approved a proposal to sell Oman Portuguese Cement Products Co. to Opal Development Co.
The decision was taken at an extraordinary general meeting
Times of Oman
28/02/2017
Raysut Cement Company, the Sultanate’s biggest cement producer, on Monday proposed a cash dividend of 65 per cent for 2016. A year earlier, it had paid 50 per cent dividend. The board’s recommendatio
Times of Oman
Ticker | Price | Volume |
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SABIC | 114.77 | 5,915,941 |
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News