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Sohar Freezone, Oman celebrated the groundbreaking ceremony of a silicon metal plant in the zone. The project is established by Green Ferro Alloy (SFZ) LLC with an estimated total investment of USD 68 million.
The project reinforces Sohar Port and Freezone`s position as a global trade hub and represents a significant milestone in the economic growth and diversification of the region, meeting the growing demand for silicon metal in Asia, Europe, and North America.
The ceremony was held under the patronage of Sheikh Mohammed Sulaiman Al Kindi, Governor of North Al Batinah and attended by representatives from Green Ferro Alloy Company (FZS) and a number of partners along with the executive management team from Sohar Port and Freezone.
Further, the silicon metal plant occupies a land area of 160,000 sqm and will be designed and built to produce high-quality silicon metal, initially at a capacity of 25,000 TPA in the first phase and expanding to 50,000 TPA in the second phase. The molten silicon metal is poured from the furnace to ladles and molds, expertly cooled through molds or continuous casting. After cooling, the silicon metal is crushed and packaged in large bags, ready for global export.
Commenting on this occasion, Al Kindi highlighted the pivotal role of the industrial sector in driving comprehensive development in Oman. He elaborated on how the establishment of the metal silicon plant signifies a major strategic achievement for the nation`s economic advancement, fostering trade, investment, and opening new channels for international collaboration in modern industries.
On his turn, Omar Mahmood Al Mahrizi, CEO of Sohar Freezone and Deputy CEO of Sohar Port, further added, “The groundbreaking of the silicon metal plant in Sohar Freezone is a significant step towards achieving our vision for sustainable growth and development. It highlights our commitment to efficiently support all project phases, from signing through obtaining necessary permits. |
