State firm plans new grinding mill with capacity for 150 tonnes an hour
State-owned Oman Cement Company (OCC) has tendered a project to increase its cement grinding capacity with a new 150 tonnes an hour (t/h) cement mill.
The project will increase capacity in line with rising demand for cement in the sultanate, the company said in its nine-month financial results, which did not disclose the location of the scheme.
OOC’s last expansion project was to upgrade the company’s two production lines at Rusayl, Muscat, and expand the grinding mill at the Sohar plant.
The company said its net profit increased by 32.5 per cent year-on-year to $30m in the first nine months of 2012, while revenue rose 15.2 per cent to $108.5m. At the same time, sales volumes increased to 1.69 million tonnes from 1.4 million tonnes.
You might also like...
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.