Sohar Port, Plot − 12, PO Box − 312, Post Code − 321, taraif, Sohar, Oman
968 − 26850459
968 − 26850438
http://www.jindalshadeed.com
Jindal Steel and Power Limited (JSPL) announced that its plant in Oman (Jindal Shadeed) has started trial production almost five months ahead of schedule with the production of Hot Briquetted Iron (HBI) on 5th December 2010. This is a source of much pride for everyone associated with the project, especially those in Oman who were able to accomplish the feat substantially, before the target date of 31st March, 2011.
The feat was achieved by the well co-ordinated and collective efforts of Jindal Shadeed, its contractors and sub-contractors along with the strong support of the local community and the Omani government.
Jindal Shadeed has installed a 1.5 MTPA (million tonnes per annum) Gas-based HBI plant at Sohar Industrial Port area of Sohar, Oman. This facility will support the strong demand for Steel in the Middle East and North African countries, which has an anticipated supply shortfall estimated at more than 12 million tonnes.
Shadeed's acquisition is significant for JSPL as the facility is engineered by world-renowned Kobe Steel (Japan) and Midrex (USA), leaders in the field of direct iron technology. This is also the same technology JSPL will be using in its Odisha facility, and the additional experience will help bring this new facility on stream in a timely manner.
JSPL, through its 100% subsidiary Jindal Steel & Power (Mauritius) Ltd., Mauritius (JSPLM) had acquired Shadeed Iron & Steel Co. LLC (Shadeed), a company incorporated under the laws of the Sultanate of Oman, in July this year for US$ 500 million.
The Shadeed acquisition is a major step in the international strategic expansion for JSPL, which includes several coal and iron ore mines located in Africa, Indonesia, Australia and Bolivia
