Raysut Cement to construct terminal in Port of Duqm, Oman

Raysut Cement to construct terminal in Port of Duqm, Oman
Published: 01 May 2013


Oman’s leading cement producer, Raysut Cement Company (RCC), is planning to construct a cement terminal at Duqm port as well as develop limestone mines in Duqm.

Mohammed Ahmed Al Dheeb, Group chief executive officer of RCC, told delegates during a seminar on ‘GCC Investment Prospects at Duqm Special Ecnomic Zone,’  that the terminal will be completed within 10 months of signing a lease agreement with the Special Economic Zone Authority at Duqm. The Times of Oman quoted him as saying: "We are in the final stage of negotiating with the special economic zone authority," he added. The terminal is coming up at the world class Duqm port, which is 2.25km long. The first phase of the port will handle container cargo, general cargo and bulk cargo.”
 
RCC is also planning to develop mines in Duqm for limestone, according to Ahmed Al Dheeb.  "RCC and Oman Cement have conducted a joint study and found that the area is rich in minerals like limestone. We are going ahead with our plans to invest in these raw materials," he said. “There is a good demand for such raw materials and Duqm will be used as an export hub, " he added.

The company is listed on the Muscat Securities Market and has a cement capacity of 4.7Mta. In 2011, the company added a new 0.75Mta grinding unit to the works located on the southern tip of Oman, 6km from Salalah Port. The firm also owns Pioneer Cement in UAE and Mukala Raysut Cement in Yemen.