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Jindal Steel Oman and Oman Cement Company Sign Strategic Collaboration
Economy

Jindal Steel Oman and Oman Cement Company Sign Strategic Collaboration

منبع تصویر: timesofoman.com

By Khalij News Agency Editorial 2 min Read time 32,365

Jindal Steel Oman and Oman Cement Company have signed a three-year memorandum of understanding (MoU) aimed at supporting the sustainable use of nearly one million tons of steel waste in the clinker production process of Oman Cement Company.

Details of the Memorandum of Understanding

This memorandum was signed by Jiang Tao, the acting CEO of Oman Cement Company, and Harsha Shetty, the CEO of Jindal Steel Oman. Under this collaboration, steel waste generated as a by-product in steel production will be used as an alternative raw material in the production of cement clinker. This initiative contributes to the preservation of natural resources, reduces dependence on primary raw materials, and improves the productive use of industrial waste.

Impact on the Environment and Economy of Oman

This collaboration connects the steel and cement industries in Oman to promote industrial symbiosis and a circular economy while contributing to efforts to produce cement with lower carbon emissions. This initiative also supports Oman’s goal of achieving "net zero by 2050" and creates a circular connection between two key industrial sectors, enabling productive use of resources in Oman.

Jiang Tao, the acting CEO of Oman Cement Company, expressed satisfaction with the signed memorandum, stating: "This collaboration reflects Oman Cement Company's commitment to realizing Oman Vision 2040. Utilizing steel waste in our process preserves natural resources, reduces industrial waste, and advances the circular economy. At Oman Cement Company, sustainability is a strategic priority, and through innovation and strong industrial collaborations, our goal is to create measurable environmental and economic values. In this way, we contribute to a more competitive and sustainable Oman."

Harsha Shetty, the CEO of Jindal Steel Oman, also commented on this collaboration, saying: "This partnership is an important step towards building a more sustainable and efficient industrial ecosystem in Oman. By finding productive applications for steel waste in cement production, we transform an industrial by-product into a valuable resource and support the circular economy and Oman’s net zero goal by 2050."

This collaboration demonstrates the commitment of Jindal Steel Oman and Oman Cement Company to developing practical sustainability solutions and creating greater value from industrial resources in Oman.

Source: timesofoman.com