In
the beginning of 1978, it was planned by the government to motivate as well as
assist the Omani plans that serve up the framework, which was the foundation
established by Oman Cement Company. The company set up state cement industrial
unit in Oman to accomplish nation cement require, involving offering
occupations for Omani citizens, utilizing its own
properties like electricity, gas, water, investment, and manufacturing territory. Oman Cement Company (OCC) looks
intently of the modest technologies and assuring efficient price procedures in obtainment, operation manufacture and
sales. The company sticks on to business principles, getting sufficient income
for shareholders and deliver high-quality
products (Capita, 2011).
Currently,
Oman Cement Company has agreed to a development plan to establish an innovative
manufacture procession to enhance the ability of cinder construction. In addition, Oman Cement Company has beendelegated an advisor for management
services for improvement, modernizations, and
substitute of the accessible packing
plant. Rusayl Cement plant was the first plant for the company and it was delivered in year 1983. And during the same
year, the enchanting plant was placed for
manufacturing of cement having production ability up to 624,000 tons. In 1999
cindering manufacture ability extended to 1.2 million amounts in tons per year.
The next manufacture line was concluded
in the middle of 1998. The company was previously running to enlarge capability
of plant form 1.26m tons per year up to 1.70m tons per year. The increasing
cinder accessible for cement construction was about 1,479,762 MTS in year 2008,
and 1,470,296 MTS amount of cement was
distributed by the company to reach high request levels. During the same year, the
cement sales gained by OCC 1,520,682 MTS of cement,
and revenue before tax in the year of 2008 reported as RO 12.109 million (Shariq, 2016).
References of Marketing Strategy Module of Oman Cement Company
Capita, A., 2011. Saudi cement sector. Analyst
966, no. 2, p. 43.
Shariq, M.,
2016. Bankruptcy Prediction by Using the Altman Z-score Model in Oman: A Case
Study of Raysut Cement Company SAOG and its subsidiaries. Australasian
Accounting, Business and Finance Journal, pp. 70-80.