Invest in a plant that will produce slag aggregate locally to replace importsThe Business
The Company plans to produce slag aggregates for the local market. The Project will process and crush stockpiled slag aggregates and sell them to asphalt or cement producers. Slag aggregates have been proven to improve the quality of end products in terms of endurance to temperature, lesser noise and skidding of tires. The Company began planning the construction of the facilities in 2008 and they are currently at the final stage of certification, scheduled to commence operations in April 2012.
The Company has a ten-year exclusive contract with the Qatari government steel company, and an abundance of raw material supply.
Market
Target customers are concrete and asphalt producers, which are currently served by import of 11 million tons of aggregate per year. The Project estimates a market share of less than 3% in year 2012.
Financing will be used to cover overhead, certification expenses and purchase of a crusher, which would increase Project capacity.
Sector: Construction MaterialsSegment: Slag AggregatesRegion: AsiaFinancing Size: $1m to $5mContact: Paul Kazarian
Company: Phoenicia CapitalTelephone: +961 71 139 390Email: [email protected]