Displaying items by tag: Raysut

Oman: Raysut Cement is planning the construction of a 1Mt/yr grinding plant in the port town of Duqm. The project has a cost of US$30m, with work set to begin on 19 September 2019. Oman Cement has been building a 1.8Mt/yr integrated cement production plant at Duqm since December 2018. The new grinding plant is Raysut Cement’s first development project since it received US$50.7m in funding from the Omani Bank Nizwa.

Oman: Raysut Cement has appointed Salem Alawi Mohammed Baabood as chief executive, the company announced in a bourse statement. The cement producer is the largest company by market value in Oman with a cement production capacity of 3Mt/yr at its Salalah plant.

Oman: Mohammed Ahmed Al Dheeb has agreed to go back on his resignation and continue working for Raysut Cement Company as the Group CEO following an unanimous decision by the company's board of directors to ask him to remain in his position.