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Raysut Cement
Raysut Cement is an Omani cement manufacturer. It is the largest cement producer in the sultanate. According to Global Cement Directory 2018, the company is the 92nd largest cement producer in the world based on integrated production capacity. Financial distress The company reported poor financial performance for 2018 with a 94% drop in profit to $883,000 (OMR340,000). Stalled expansion plan The company's CEO Joey Ghose has expressed in 2018 the desire to expand globally through a debt heavy strategy of bank loans. The expansion plans are much greater than the company's current size of business and have faltered in 2019. In an interview with the Hindu Business Line in December 2018, Ghose claimed to have earmarked $200 million for 2 acquisitions in India that would be completed by the first quarter of 2019. He further promised that the company "will invest another $400-500 million to expand" the 2 acquired Indian companies over the next 4 years. The acquisitions in India as ...
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Oman
Oman ( ; ar, عُمَان ' ), officially the Sultanate of Oman ( ar, سلْطنةُ عُمان ), is an Arabian country located in southwestern Asia. It is situated on the southeastern coast of the Arabian Peninsula, and spans the mouth of the Persian Gulf. Oman shares land borders with Saudi Arabia, the United Arab Emirates, and Yemen, while sharing Maritime boundary, maritime borders with Iran and Pakistan. The coast is formed by the Arabian Sea on the southeast, and the Gulf of Oman on the northeast. The Madha and Musandam Governorate, Musandam exclaves are surrounded by the United Arab Emirates on their land borders, with the Strait of Hormuz (which it shares with Iran) and the Gulf of Oman forming Musandam's coastal boundaries. Muscat is the nation's capital and largest city. From the 17th century, the Omani Sultanate was Omani Empire, an empire, vying with the Portuguese Empire, Portuguese and British Empire, British empires for influence in the Persian Gulf and Indian ...
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Cement
A cement is a binder, a chemical substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel ( aggregate) together. Cement mixed with fine aggregate produces mortar for masonry, or with sand and gravel, produces concrete. Concrete is the most widely used material in existence and is behind only water as the planet's most-consumed resource. Cements used in construction are usually inorganic, often lime or calcium silicate based, which can be characterized as hydraulic or the less common non-hydraulic, depending on the ability of the cement to set in the presence of water (see hydraulic and non-hydraulic lime plaster). Hydraulic cements (e.g., Portland cement) set and become adhesive through a chemical reaction between the dry ingredients and water. The chemical reaction results in mineral hydrates that are not very water-soluble and so are quite durable in wa ...
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Oman Daily Observer
''Oman Daily Observer'' is an English-language daily broadsheet published from Muscat, the capital of the Sultanate of Oman Oman ( ; ar, عُمَان ' ), officially the Sultanate of Oman ( ar, سلْطنةُ عُمان ), is an Arabian country located in southwestern Asia. It is situated on the southeastern coast of the Arabian Peninsula, and spans the mouth of t ..., and it comes under the Ministry of Information. Dr Abdullah Nasser bin Khalifa al-Harrasi is the current Minister of Information. History and profile It was established on November 15, 1981, Oman Daily Observer. It is the only English-language newspaper to be published on all seven days in Oman as its two competitors have no editions during weekends. The 'Observer' focuses on local, national, regional and international news covering current affairs, business, and sports. It also pays special attention to Oman’s economic development, highlighting the country’s natural, historical and cultural wealth. ...
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Hindu Business Line
''Business Line'' or ''The Hindu Business Line'' is an Indian business newspaper published by Kasturi & Sons, the publishers of the newspaper ''The Hindu'' located in Chennai, India. The newspaper covers priority industry verticals, such as Agriculture, Aviation, Automotive, IT, in weekly specials. The paper is printed at 17 centres across India, reaching metros as well as emerging Tier I and Tier II cities. Business Line has a daily circulation of 1,17,000 copies, per the Audit Bureau of Circulation in 2016. See also *List of newspapers in India , there were over 100,000 publications registered with the Registrar of Newspapers for India. India has the second-largest newspaper market in the world, with daily newspapers reporting a combined circulation of over 240 million copies . There are ... References External links * 1994 establishments in Tamil Nadu English-language newspapers published in India The Hindu Group Newspapers published in Kolkata Business newspap ...
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Cement Companies
A cement is a binder, a chemical substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel (aggregate) together. Cement mixed with fine aggregate produces mortar for masonry, or with sand and gravel, produces concrete. Concrete is the most widely used material in existence and is behind only water as the planet's most-consumed resource. Cements used in construction are usually inorganic, often lime or calcium silicate based, which can be characterized as hydraulic or the less common non-hydraulic, depending on the ability of the cement to set in the presence of water (see hydraulic and non-hydraulic lime plaster). Hydraulic cements (e.g., Portland cement) set and become adhesive through a chemical reaction between the dry ingredients and water. The chemical reaction results in mineral hydrates that are not very water-soluble and so are quite durable in water ...
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