Latest news with #AlGhaithIndustries
Zawya
09-07-2025
- Business
- Zawya
Oman's Sur Industrial City attracts $25mln investment in chemical industry
Sur - Sur Industrial City, an affiliate of the Public Establishment for Industrial Estates 'Madayn', signed an investment contract with Al Ghaith Industries to establish a factory for the production of Trichlorosilane. The facility will be built on an area of 20,000 sqm, with an investment size exceeding RO 9.6 million (USD 25 million). This value-added project is set to boost the growth of the chemical and energy sectors in the Sultanate of Oman. Eng. Nasser Hamoud Al Mabsali, Director General of Sur Industrial City, stated that the project expands new horizons for the development of high-purity silicon manufacturing, which is the cornerstone of renewable energy and electronics industries. 'This investment represents a significant value addition to South A'Sharqiyah Governorate in general and Sur Industrial City in particular. The project will support the localisation of advanced technology-based industries and provide employment opportunities for Omani cadres,' Al Mabsali pointed out. On his part, Eng. Almamoon Al Baadani, CEO of Al Ghaith Industries, highlighted that the Trichlorosilane plant represents a major milestone in the Sultanate of Oman's chemical sector. 'This will be the first facility of its kind in the Middle East, and several projects are planned over the coming years, thanks to Oman's attractive investment environment,' Al Baadani said. He noted that the factory's commercial production is expected to commence by the end of the first quarter of 2027, expressing gratitude to the management of Madayn, represented by Sur Industrial City, for their efforts in facilitating the investment process and advancing the industrial sector. Copyright (C) 2022. Oman News Agency. All rights reserved. Provided by SyndiGate Media Inc. (
Muscat Daily
08-07-2025
- Business
- Muscat Daily
Sur Industrial City attracts investment worth $25mn
Sur – Sur Industrial City has signed a contract with Al Ghaith Industries for the establishment of a factory for the production of Trichlorosilane. As per this agreement, the city, under the Public Establishment for Industrial Estates 'Madayn', will receive an investment of over US$25mn for the facility to be built on an area of 20,000sqm, officials informed. This value-added project is set to boost the growth of the chemical and energy sectors in the sultanate, they added. Nasser al Mabsali, Director General of Sur Industrial City, said that the project would open new horizons for high-purity silicon manufacturing, which is the cornerstone of renewable energy and electronics industries. 'This investment represents a significant value addition to South Sharqiyah governorate in general and Sur Industrial City in particular. The project will support the localisation of advanced technology-based industries and create employment opportunities for Omani cadres,' Mabsali pointed out. Almamoon al Baadani, CEO of Al Ghaith Industries, highlighted that the Trichlorosilane plant represents a major milestone in the sultanate's chemical sector. 'This will be the first facility of its kind in the Middle East, and several projects are planned over the coming years, thanks to Oman's attractive investment environment,' Baadani said. He noted that the factory's commercial production is expected to commence by the end of the first quarter of 2027, expressing gratitude to the management of Madayn, represented by Sur Industrial City, for their efforts in facilitating the investment process and advancing the industrial sector.
Observer
08-07-2025
- Business
- Observer
New trichlorosilane plant to boost chemical sector in Sur
SUR: Sur Industrial City, part of the Public Establishment for Industrial Estates (Madayn), has signed an investment agreement with Al Ghaith Industries Company to establish a trichlorosilane production facility. Spanning 20,000 square metres, the plant involves an investment exceeding RO 9.6 million ($25 million). The project adds significant value by supporting the development of Oman's chemical and energy industries. It aims to localise advanced-technology-based manufacturing and create various job opportunities for Omani nationals. Engineer Al Mamoun al Badani, CEO of Al Ghaith Industries and Eng Nasser bin Hamoud al Mabsali, Director General of Sur Industrial City, sign the agreement. Engineer Nasser bin Hamoud al Mabsali, Director General of Sur Industrial City, stated the project opens new prospects in high-purity silicon production and serves as a foundation for renewable energy and electronics sectors. He noted its strategic contribution to both the South Al Sharqiyah Governorate and Sur Industrial City. Meanwhile, Engineer Al Mamoun al Badani, CEO of Al Ghaith Industries, said the plant marks a major milestone in Oman's chemical manufacturing landscape. He confirmed that commercial production is expected to start by the end of the first quarter of 2027. — ONA
Observer
08-07-2025
- Business
- Observer
Sur Industrial City attracts investment worth $25 million
Sur Industrial City, which falls under the Public Establishment for Industrial Estates, Madayn, has signed an investment contract with Al Ghaith Industries to establish a factory for the production of Trichlorosilane. The facility will be built on an area of 20,000 sqm, with an investment size exceeding $25 million. This value-added project is set to boost the growth of the chemical and energy sectors in the Sultanate. Eng. Nasser Al Mabsali, Director General of Sur Industrial City, stated that the project opens new horizons for the development of high-purity silicon manufacturing, which is the cornerstone of renewable energy and electronics industries. 'This investment represents a significant value addition to South Al Sharqiyah Governorate in general and Sur Industrial City in particular. The project will support the localisation of advanced technology-based industries and provide employment opportunities for Omani cadres,' Al Mabsali said. Eng. Almamoon Al Baadani, CEO of Al Ghaith Industries, highlighted that the Trichlorosilane plant represents a major milestone in the Sultanate's chemical sector. 'This will be the first facility of its kind in the Middle East, and several projects are planned over the coming years, thanks to Oman's attractive investment environment,' Al Baadani said. He noted that the factory's commercial production is expected to commence by the end of the first quarter of 2027, expressing gratitude to the management of Madayn, represented by Sur Industrial City, for their efforts in facilitating the investment process and advancing the industrial sector.
Zawya
22-05-2025
- Business
- Zawya
ADNOC awards contracts worth $147.8mln for Made-in-UAE products
ADNOC announced today at the Make it in the Emirates forum the award of contracts valued at AED543 million ($147.8 million) to nine of its suppliers for locally made industrial products to be used across its value chain. The agreements were enabled by ADNOC's In-Country Value (ICV) programme and span a diverse range of products. These include personal protective equipment (PPE), chemicals for drilling and production, valves, biodiesel and corrosion inhibitors. The agreements will strengthen the resilience of ADNOC's supply chain, reduce reliance on imports and create more private sector jobs for Emiratis. ADNOC's ICV programme is providing a platform for businesses to capitalise on its diverse commercial opportunities as it delivers on its plan to locally manufacture AED90 billion ($24.5 billion) worth of products in its procurement pipeline by 2030. Yaser Saeed Almazrouei, ADNOC Executive Director, People, Commercial and Corporate Support, said, 'Through these long-term contracts for made-in-the-UAE products, we are turning our business demand for critical industrial products into tangible opportunities that empower manufacturers in the UAE to grow and compete. These awards highlight the attractive commercial opportunities ADNOC is creating for businesses that are ready to 'Make it in the Emirates'.' Al Ghaith Industries, Union Chlorine LLC, C1 Water Industries LLC, RAK CHEM Industries and EMOCHEM are among the manufacturers awarded supplier contracts. The contracts build on the success of ADNOC's ICV programme, which has driven AED242 billion back into the UAE economy and enabled jobs for 17,000 Emiratis in the private sector since 2018. At 'Make it in the Emirates', which is taking place this week in Abu Dhabi as a premier gateway to invest in the UAE's industrial ecosystem, ADNOC has been detailing numerous commercial opportunities across its value chain. Manufacturers, small and medium-sized enterprises (SMEs) and entrepreneurs are encouraged to explore the 'Make it with ADNOC' app, which provides businesses with visibility into products ADNOC plans to purchase, offering a more streamlined and integrated procurement process.
