Sohar Freezone signs lease agreement to manufacture industrial, medical gas unit

  • Date: 27-Aug-2023
  • Source: Times of Oman
  • Sector:Industrial
  • Country:Oman
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Sohar Freezone signs lease agreement to manufacture industrial, medical gas unit

Muscat: Sohar Port and Freezone announced the signing of a land lease agreement with Air Care Systems Company (FZC) for the production of industrial and medical gas units in Sohar Freezone.

Under the terms of this agreement, Air Care Systems Company is set to manufacture crucial gases, including liquid oxygen, liquid nitrogen, and liquid argon.

The signing ceremony took place in the presence of His Highness Sayyid Juland bin Jaifar Salim Al Said, Chairman of Pak Oman Investment Company and Imran Chaudry, Ambassador of the Islamic Republic of Pakistan to the Sultanate of Oman, along with executive management of Sohar Port and Freezone and Air Care Systems Company.

This advanced production unit will be empowered by Air Separation Unit (ASU) technology, ensuring top-tier quality and efficiency with Pak Oman Investment Company the structural and financial advisor for the project.

Covering a land area of 15,000 sqm, this project is a convergence of Chinese and European technologies, backed by a robust $10 million investment. Leveraging natural air as a feedstock, the ASU project manages power and fuel resources strategically for optimal production efficiency. With a target daily production capacity of 110 tons per day, the project aims to extend its market reach across the GCC,