Middle East Economic Survey
VOL. LIII
No 31
2-Aug-2010
OMAN
Omans First Ferrochrome Smelter To Be Completed By End-2011
An Omani/Indian joint venture is aiming to bring Omans first carbon ferrochrome smelter into production by the end of 2011. The 75,000 tons/year plant will be built at Sohar, and is expected to cost $70mn. Al Tamman Indisil Ferrochrome, a 50:50 joint venture between Al Tamman Trading Establishment, a wholly-owned subsidiary of Muscat Overseas Group, and Kerala-based Indsil Group,...
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