Raysut Cement, Arabian Industries sign OMR2.1m deal

Raysut Cement Co has signed an agreement with Arabian Industries to implement a project to increase the competency of the Omani company’s gas pressure reduction plant (GPRP).

The project is estimated to cost OMR2.1m (US$5.4m) and is expected to be completed in May 2016. Oman Gas Co has been nominated as the project services management consultant, Raysut Cement said in its filing with the Muscat Securities Market on Tuesday.