Oman's Steel Producers Turn to Green Growth Strategy

Researched by Industrial Info Resources (Sugar Land, Texas)--In a strategic move toward long-term sustainable development, Oman is developing several wide-ranging initiatives aimed at building a "greener" economic model for the future. The Middle Eastern nation is aiming for net-zero emissions by 2050.

One of Oman's leading efforts in the field is Jindal Shadeed Iron & Steel's US$3.4 billion steel plant in Duqm, which is spread across multiple phases. Major components include a US$600 million solar power plant that will provide up to 600 megawatts, a US$500 million steel melt shop, and a US$400 million direct-reduced iron unit.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project and Plant databases can click here for a list of related project reports, and read more in a detailed plant profile.

Industrial Info is tracking 18 steel-production projects across Oman, totaling about US$3.8 billion of investment. Subscribers can click here for a list of detailed project reports, and click here for a list of related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).