Raysut boosts grinding capacity, Oman

Raysut boosts grinding capacity, Oman
01 March 2011

Raysut Cement has commissioned a new grinding unit, boosting the plant’s capacity by an additional 750,000tpa.

Mohammed bin Alawi bin Ali Muqaibal, Chairman of the Board of Directors, said in the Director’s Report of the company’s performance in 2010, that the new capacity would help the company meet the burgeoning domestic demand for cement.

The rapid growth of the construction and infrastructure sectors, among other factors, is expected to boost cement demand by 1.5Mt during 2011, according to the Chairman.

"The rapid recovery of the construction sector in Oman is expected to continue on the back of the improving economic environment, thanks to sound fiscal accounts, sound monetary policy, low inflation, reduced systemic risk in the financial system and the OMR6bn investment in infrastructure projects for 2011 just announced by the government. This will result in an additional increase in cement demand of 1.5Mt for the year. However, taking into account the still slow recovery in the UAE sector, the price realisations are expected to improve only slightly from their current level," he said.
Published under Cement News