Salalah Free Zone inks usufructs to establish factory for production of caustic soda, hydrogen peroxide

Business Saturday 16/December/2023 17:36 PM
By: ONA
Salalah Free Zone inks usufructs to establish factory for production of caustic soda, hydrogen peroxide

Muscat: Salalah Free Zone inked a usufruct agreement, with a total investment value of $65 million, to establish a factory for the production of caustic soda, calcium chloride and ammonia chloride that are used in various industries, such as the production of paper, glass, detergents and agricultural fertilisers. The project will be set up on a total area of approximately 55,000 square metres.

Moreover, a usufruct agreement was signed for the establishment of a factory for the production of hydrogen peroxide and formic acid. This project, worth $100 million, will be established on a total area of 174,000 square metres.