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Raysut Cement targets east African expansion

02 July 2020, Published under Cement News

Oman's Raysut Cement plans a five-fold increase in its cement production capacity, says Joey Ghose, Raysut Cement's CEO. The expansion would see Raysut Cement increase production from 5Mta to 26Mta in the next few years. The expansion would be accomplished through a mixture of joint ventures, acquisitions and greenfield cement projects, added Ghose. Expenditure would amount to US$65-78m in the next two years. The main area for growth would be in east Africa where the company plans to add 1...