
Displaying items by tag: Barwaaqo Cement Company
Oman: Raysut Cement has confirmed its plans to build a new cement plant via a joint venture with Oman Cement. The cement producer announced its plans in its first quarter financial report for 2017. The new company will be called Alwasta Cement Company. As announced previously the new project will be dependent on a feasibility report. It also announced that its project with Barwaaqo Cement Company to build a terminal in Somaliland, an autonomous region of Somalia, is progressing and that work on a new packing plant in underway.
Raysut Cement reports progress on Somaliland project
08 November 2016Somaliland: Raysut Cement is set to choose a contractor to build its cement terminal in Berbera. Soil investigation studies have been completed and the company is now about to choose an engineering-procurement-construction (EPC) contractor, according to a recent financial report. Once selected the construction of the plant is expected to take 12 months. The project is a joint-venture with Barwaaqo Cement Company that will build a 12,000t terminal for a cost of US$7.5m.
Somaliland: Raysut Cement, a cement producer based in Oman, has revealed that its project with Barwaaqo Cement Company in Berbera, Somaliland is progressing well. Raysut Cement signed a joint venture agreement with the Barwaaqo Cement Company in September 2014 to build a terminal for packing and distribution of bagged and bulk cement. The terminal will have a storage capacity of 12,000t and will be built with a capital expenditure of US$7.5m, according to the Times of Oman.