The inauguration of Gulf Specialty Steel Industries Plant (GSSI) was recently celebrated at Sohar Industrial Estate in Oman.
GSSI is a joint venture between BH Global Marine Ltd (Global Steel Industries Pte Ltd), Singapore, and Takamul Investment Company SAOC, Oman.
GSSI will have the capacity to produce 60kt/y of galvanized steel wires used in the manufacture of electrical cables. These products will be marketed locally, regionally and internationally.
Hilal al Kharousi, Chairman of Takamul Investment Company SAOC, expounded on the social and economic significance of such vital projects, adding that Takamul Investment is endeavouring to develop a number of value-added projects in the fields of metals, petrochemicals, mining and services throughout the Sultanate.
The opening ceremony was performed by Nasser bin Khamis al Jashmi, Under-Secretary of the Ministry of Oil and Gas, and the Chairman of Oman Oil Company.
Source: ‘Oman Daily Observer’, Muscat; 26 Oct 2013