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FINANCIAL NEWS
Oman’s Sohar Aluminum to increase production
19 Sep 2014
(MENAFN) Oman’s Sohar Aluminum announced its plans to invest USD35 million in increasing its production capacity, during the next five years, Gulf Daily News reported.
The investment is expected to increase annual capacity by about 28.000 tons of primary aluminum, from the company’s current yearly production capacity of 375.000 tons of primary aluminum.
Sohar Aluminum is Oman’s biggest non-hydrocarbon industrial company, with the company being owned by Oman Oil Company and Abu Dhabi National Energy Company, each by 40 percent, while the remaining 20 percent are owned by Rio Tinto Alcan.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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