Oman: Carmeuse, a specialist company in the production of lime and lime-related products, said that it is on course to bring part of its lime-calcining plant in Oman's Dhofar Governorate into operation during the second half of 2014.
Carmeuse Majan LLC, a joint venture company led by Belgium-based Carmeuse Holding SA, is setting up the project in the Salalah Free Zone with an investment of around US$180m. A total of eight kilns, each with a lime capacity of 125,000t/yr, are envisioned as part of the project. Development of the plant is planned in phases, with initial production planned for the second half of 2014.
The plant's output is primarily targeted at India, where demand for lime products is rising sharply. The Gulf region is also seen as a promising market for Carmeuse's products. Dhofar's relative proximity to the Indian subcontinent and Middle Eastern markets, coupled with the presence of a deepwater port in Salalah, are key factors underlying Carmeuse's decision to invest in the Sultanate.
The lime-calcining venture is expected to contribute to a further spurt in general cargo volumes handled by the Port of Salalah. Mineral exports have continued to fuel the growth of general cargo volumes, which soared to a record 7.94Mt at the end of 2013, up by 9.5% from the previous year's volume of 7.25Mt. Exports of limestone and gypsum accounted for much of this growth, although significant volumes of cement, fuel and methanol were also handled. A new General Cargo Terminal is under construction at the logistics hub to cater to the steady growth in mineral products and other bulk commodities.
