01 December 2019
Suhar Industrial City, which falls under the umbrella of the Public Establishment for Industrial Estates (Madayn), has signed recently an investment pact with Keryas Paper Industry.
As per the deal, Keryas will be provided with a plot of land in Phase Seven of Suhar Industrial City to set up a paper recycling project, the largest of its kind in the sultanate, said Madayn.
The project will be the first kraft paper factory in Oman to enhance waste reduction strategy and support projects that contribute to minimise environmental damage through the recycling process, it added.
The project will come up on a 58,000-sq-m area at a total cost of up to $40 million, revealed Engineer Abdullah bin Salim Al Kaabi, the director general of Suhar Industrial City, after signing the deal with Abdullah bin Omar Al Hosni, CEO of Keryas Paper Industry.
With a production capacity of up to 600 tonnes per day, the project will use the latest technologies that mitigate the environmental impacts, he stated.
According to him, the construction work will start this month (December) and the pilot production is expected to begin in the last quarter of 2020 through one of the most advanced paper production lines in the region.