Muscat: Zawawi Gypsum, one of the leading mining and mineral processing companies in Oman successfully loaded its first export consignment of Gypsum from Port of Salalah yesterday. The vessel loaded 66,000 tonnes of gypsum for India. USG – Zawawi Gypsum envisages the exports increasing to about 2m tonnes per annum within the next three years.
In addition to the gypsum mining, the USG Corporation – Zawawi Minerals JV, which is one of the first joint ventures between an Omani conglomerate and a major US corporation, is setting up a state of the art gypsum board plant and a Plaster of Paris plant manufacturing facility in the Salalah Free Zone with an aggregate investment of $37m. [20/03/14]