OCC ... embarking on expansion.
OCC to spend $300m on new production line
01 October 2021
Oman Cement Company (OCC) plans to add a new production line with a capacity of 10,000 tonnes per day (tpd) at a cost of $300 million as part of a brownfield expansion of its complex at Misfah in Muscat Governorate, a report said.
In addition, OCC will raise the capacity of its third production line from 4,000 tonnes to 5,000 tpd, increasing its total daily capacity to 15,000 tpd, reported Oman Observer.
“The new 10,000-tpd production line will be the largest in Oman and will have better cost-effective production for the company to sustain its success and competitiveness in the local and international cement markets in a long run,” OCC was quoted as saying in a filing to the Capital Market Authority (CMA).
“The company will focus on utilising state-of-the-art production technology resulting in lower power consumption, potential for waste heat recovery, higher fuel efficiency, realisable use of alternative fuels, improved productivity and with best environmental standards,” it added.
Salem bin Abdullah al Hajri, CEO, said that the new line will help Oman achieve cement self-sufficiency by 2024 and will also enhance local demand for raw materials such as gypsum, iron ore and commodities.
OCC has engaged PEG Resources, Switzerland, to carry out the technical study, tendering and contracting as well as supervision of the project execution, the report said.
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