Gulf Oil and Gas accountACCOUNT

Al Wusta Cement Appoints Chairman, Vice Chairman

Source: Oman Observer 10/17/2017, Location: Middle East

Al Wusta Cement Company LLC, a new cement producer which is developing the nationís third cement plant in Duqm at a cost of RO 225 million, has decided to nominate Dr Abdullah Abbas Ahmed as Chairman of the new company and Ahmed bin Yousuf al Ibrahim as Vice-Chairman.

The announcement came during a meeting of the representatives of joint venture partners Raysut Cement Company (SAOG) and Oman Cement Company (SAOG), Acting CEO Salim Abdullah al Hajri, said in a filing to the Capital Market Authority (CMA) yesterday.

Earlier this month, Al Wusta Cement signed a usufruct agreement with the Special Economic Zone Authority of Duqm (SEZAD) for a lease of a 500,000 sq metre site at the industrial hub. Construction work on the new cement plant will commence next year with production expected to commence in 2020.

Capacity is envisaged at 5,000 tonnes per day of cement corresponding to a project size that will create a total of 389 jobs for Omanis and expatriates. Another option under consideration envisions an output of 10,000 tonnes per day with the potential to create 405 jobs.

Executive Recruiting News in Oman >>

Russia >>  2/6/2019 - Independent global completions service company Tendeka has appointed a new Area Manager in Russia as the company aims to grow its presence in the regi...
United States >>  2/4/2019 - Chevron Corporation (CVX) named Pierre Breber vice president and chief financial officer, effective April 1, 2019. Breber replaces Patricia Yarrington...

United States >>  1/28/2019 - SandRidge Energy (SD) (SandRidge) announced that the Board of Directors has appointed Paul D. McKinney as President and Chief Executive Officer, effec...
Russia >>  1/25/2019 - PetroNeft (AIM: PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of...

Nigeria >>  1/22/2019 - Worldwide Recruitment Solutions Ltd (WRS), the multi-discipline recruitment, outsourcing and mobilisation company, has been awarded, the hotly contend...
United States >>  1/22/2019 - Jacobs (JEC) has been selected by the Delta Conveyance Design and Construction Authority (DCA) for engineering design management (EDM) services relate...

Related Categories: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 

Related Articles: Events  Executive Recruiting  General  Legal  Petroleum Associations  Sourcing & Procurement 


Oman Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.