Raysut Cement begins construction on $30m unit in Oman’s Duqm

  • Date: 12-Nov-2020
  • Source: Arabian Industry
  • Sector:Real Estate
  • Country:Oman
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Raysut Cement begins construction on $30m unit in Oman’s Duqm

Muscat Securities Market-listed Raysut Cement Company (RCC), Oman's largest cement manufacturer, has commenced construction work on its $30m (OMR11.6m) grinding facility in Duqm, as the company break ground on the project.According to the company, the development of Duqm plant will complement its leadership in cement manufacturing adding one million tonnes to the overall group output, taking the total to 7.4 million tonnes per annum.Commenting on the project, CEO of RCC, Joey Ghose, said: “Today's groundbreaking is a milestone for RCC on two counts. It will contribute significantly to our ambitious capacity expansion targets of 10 million tonnes by 2022, which is expected to be further scaled up to 22 million tonnes in the near future.Ghose stressed that the development of the new