Oman is close to awarding construction contracts and reaching financial close for its planned Liwa Plastics petrochemicals complex and Salalah LPG plant, sources close to the projects said Monday. Approximately $5.2 billion of funding is ...
Oman Food Investment Holding Company (OFIC) is planning to invest $620m to set up dairy, poultry and red meat factories in the country to boost food security. Of the total proposed investment, around 70% is derived from state-owned ...
Octal Petrochemicals will establish a manufacturing plant in Saudi Arabia for the production of polyethylene terephthalate (PET) cups and trays for dairy and poultry industries. The project is estimated to cost around $20m and once ...
Archirodon Construction is building a new general cargo terminal (GCT) at Oman s Port of Salalah, leading to a number of major investors expressing interest in shipping dry and liquid bulk commodities from the new facility. The project, ...
Tags: Raysut Cement, Salalah, Terminal Expansion
Northeast Asian PET producers on Wednesday expressed concern about rising competition from Southeast Asian producers in the European market, after the EU Council removed antidumping duties on PET imports from five Asian nations. On ...
Tags: Dumping Duties, Pet Producers
Raysut Cement, one of two major listed cement manufacturers in Oman, has announced that its first quarter pre-tax profits grew by a third during the first quarter of 2013 to $23.7m (OR: 9.13m). The company s revenues grew by 2% to $65.5m ...
Tags: Raysut Cement, Cement
Saltic LLC FZE has started work for setting up of its world-class caustic soda and ethylene dichloride plant in the Sultanate of Oman. Saltic has an industrial license from the Sultanate of Oman for setting up a petrochemical plant and ...
Tags: Saltic LLC FZE, Petrochemical Plant, Oman
(Muscat, Oman) -- On the back of increased government spending on infrastructure and mega projects, demand for cement is expected to grow at higher pace this year. In the Oman budget for 2013, RO 600 million has been earmarked for roads ...
Tags: Cement, Cement Demand, Further Rise
Mr Darwish bin Ismaeel al Balushi minister Responsible for Financial Affairs said that Oman's ambitious National Railway System will be implemented with funding support pledged by fellow members of the Gulf Cooperation Council. Mr Al ...
Tags: Oman, National Railway System, GCC, rail project
Reuters cited a transport ministry as saying that Oman has awarded US firm Hill International a 2 year contract worth USD 108.5 million to supervise the expansion of Muscat's international airport. Hill International will replace Danish ...
Tags: Hill International, Oman Airport, Mineral, Metallurgy
JBT Corporation announced that its JBT AeroTech business has received notification of contract award and an authorization to commence work on a project exceeding USD 20 million for the Sultanate of Oman Ministry of Transport and ...
Tags: Service, Transport, Communications
Oman's Octal Petrochemicals is still offering polyethylene terephthalate in Europe despite a force majeure, contrary to suggestions by some market sources, the company's managing director said Thursday. A European PET converter said ...
Musstir, the hospitality and property development company of MB Group in Oman and its 50% JV partner, Omran announced last week that further to a tender process Carillion Alawi has been named main contractor for the prestigious Al Baleed ...
Tags: MB Group, Carillion Alawi, Al Baleed