Oman Cement Co. to open ready mix plant
Cement supplier to enter concrete market
The Oman Cement Company (OCC) is planning on setting up a ready mix concrete plant, the Times of Oman has reported.
In its annual report for 2012, the company noted strong demand for concrete in the Omani market, while at the same time warning of over-supply of cement from neighbouring companies.
OCC is the second-largest cement producer in Oman, and is majority state-owned. The company is also looking to increase its cement grinding capacity with the installation of a new mill with 150TPH production capacity.
“The growth of infrastructure sector in the Sultanate of Oman has continued to drive the demand for cement,” said Jamal Shamis Al Hooti, CEO of OCC.
“However, over-supply situation created by inflow of large quantity of cement from neighbouring companies at lower prices continued to remain a threat.”
The company also recently reported a theft event. On the evening of Thursday May 9, 2013, burglars broke in its sales department office and made away with $233,000 (OMR: 90,000).
The insurance company was been notified for taking necessary action, reported the company.
