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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
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Company Profile
Construction Materials Industries & Contracting SAOG is an Oman-based company, which is engaged in manufacture and sales of lime and limestone products. The Company produces a range of products, including limestone products, which are used in oil drilling, water treatment, agriculture, animal feeds, sugar industries, construction, sewage treatment, paint industry and steel industry, as well as lime, which is used for manufacturing Calcium silicate bricks and blocks, manufacturing aerated concrete blocks, chemical and petrochemical process and metallurgical processing. The Company operates two factories in the Sultanate of Oman, namely Quriyat Plant and Sohar Plant. It sells its products in Oman and exports to abroad, including Gulf Cooperation Council countries, India and African countries. The Company holds two valid mining licenses for mining silica and limestone in the areas specified under the licenses.
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