Oman’s Raysut to increase cement output

Oman’s Raysut to increase cement output
Published: 25 August 2005

Oman’s Raysut Cement Co. (RCC) said on Wednesday its third production line would increase total output to almost 2Mta to meet the country’s increasing demand. The new line, with a capital expenditure of $50m, is due to come on stream within two months and has an installed capacity of 1Mta.   "We are operating at 100 per cent capacity now," said Mohammed Ahmed al-Dheeb, general manager of the company, adding that RCC is also upgrading its two production lines, which will add another 750,000t of annual output by end-2006.  Earlier this year, RCC raised 15 million rials ($38.96m) through a rights issue to partly finance its expansion and modernisation projects.