SUBSIDIARY NAME
DUNYA MUSCAT CEMENT LIMESTONE PROJECT
COUNTRY
SALALAH, SULTANATE OF OMAN
SECTOR/ INDUSTRY
INFRFASTRUCTURE
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
JUNE 7,2020
ACQUISITION VALUATION
5 BILLION
TOTAL ASSET VALUATION
50 BILLION
INFRASRTUCTURE/MANFACTURING
DUNYA MUSCAT CEMENT LIMESTONE PROJECT acquired on JUNE 7, 2020 and proposes to produce five commodities that are in great demand and facing shortages. These are:
- Cement white and black,
- Micronised Limestone,
- Precipitated Calcium Carbonate,
- Gypsum, and
- Micronized Dolomite.
The promoters have obtained a concession to exploit limestone reserves of about 390 Million tons with the possibility of securing even more in the future.
The components of the project are as follows:
- Quarry (under concession) to mine crude limestone, gypsum and aggregates with complete earth moving, logistics equipment and ancillary facilities in quantities reaching 12.50 million ton/year quarrying capacity to be allocated to the following production lines.
- A cement plant with capacity of 3.00 million tons per annum at start of commercial production, expanding to 8 Million tons.
- A Micronised Limestone production plant with capacity of 1 Million ton/pa expanding to 3 Million tons.
- A Precipitated Calcium Carbonate plant with a capacity of 1 Million ton/pa expanding to 2 Million tons/pa.
- A Gypsum Factory starting at 3 Million ton capacity p.a. in 2022, expanding to 10 Million t/pa.
- A Micronised Dolomite Factory to processing 1 Million tons pa expanding to 2 Million tons/pa
- Seaport with bulk handling facilities to be constructed at Minji shore near AI Shuwaymiyah to receive raw materials and export the product outputs.
- Fleet of 7 vessels of 50,000 ton capacity each to handle bulk deliveries and shipment of products which will give the project a price and delivery schedule competitive advantages.
- Infrastructure including: Laying of 180 Km pipeline to deliver gas to the site,➢ Electric power station,➢ Access roads to the site,➢ Water desalination plant and storage.
SUBSIDIARY NAME
COMMERCIAL & RESIDENTIAL CENTRE
INTERNATIONAL SALALAH HOSPITAL