MDO localises production of core boxes
Published: 01:09 PM,Sep 16,2024 | EDITED : 01:09 PM,Sep 17,2024
The company has started designing special molds, producing prototypes, and conducting quality tests.
MUSCAT: As part of its ongoing efforts to contribute to sustainability and innovation in the Sultanate’s mining sector, Titronic Middle East, with the support of MDO, has announced its readiness to locally produce core boxes. This collaboration within MDO's strategy to enhance local content and expand local value addition.
During its initial exploration phases, MDO depended on importing core boxes from international markets. However, driven by its commitment to local content policies and the development of local value chains, the company sought to partner with local enterprises for the production of core boxes. This strategic move aims to address local market demands, decrease import reliance, and explore new export opportunities.
In 2022, MDO entered into a Memorandum of Understanding with Titronic Middle East, a Riyada-registered firm specializing in plastic manufacturing, to locally develop and produce core boxes to the highest standards. This agreement marked a pivotal milestone in MDO’s growth journey. With MDO’s technical support and oversight, Titronic embarked on designing molds, creating prototypes, and performing quality tests. The optimization of the box design was meticulously tailored to meet the stringent requirements of MDO’s exploration and mining operations. The sample boxes will be manufactured through 6 production lines containing different moulds for different parts of the boxes. This will increase the company’s production capacity to 550 thousand boxes annually, enabling it to meet the needs of the local and regional markets in addition to the global markets.
Eng. Khalid Al-Hosni, CEO of Titronic Middle East, remarked: 'We take great pride in our partnership with MDO, which has entrusted us to deliver high-quality products that meet international standards. Our objectives extend beyond reducing import dependency; we aim to stimulate the local economy and offer eco-friendly solutions through material reuse and innovative manufacturing techniques. This initiative represents a significant stride towards empowering Omani industries and exploring new pathways for sustainable growth.'
Demonstrating its commitment to value chain enhancement, Titronic Middle East utilizes local polymer raw materials to guarantee superior quality and bolster the local economy. Additionally, the company adopts an innovative approach by recycling damaged boxes, contributing to waste reduction and reinforcing its dedication to sustainable practices.
Minerals Development Oman SAOC is a closed joint-stock company registered under the Commercial Companies Law of the Sultanate of Oman. The Company is 76.8% owned by Oman Investment Authority “OIA” and the other 23.2% is owned by Oman National Investment Company “TANMIA”. The Company was established with a clear strategic vision to unleash the potential of the mining sector by investing directly in or enabling various projects across a range of material commodities and value chains.
During its initial exploration phases, MDO depended on importing core boxes from international markets. However, driven by its commitment to local content policies and the development of local value chains, the company sought to partner with local enterprises for the production of core boxes. This strategic move aims to address local market demands, decrease import reliance, and explore new export opportunities.
In 2022, MDO entered into a Memorandum of Understanding with Titronic Middle East, a Riyada-registered firm specializing in plastic manufacturing, to locally develop and produce core boxes to the highest standards. This agreement marked a pivotal milestone in MDO’s growth journey. With MDO’s technical support and oversight, Titronic embarked on designing molds, creating prototypes, and performing quality tests. The optimization of the box design was meticulously tailored to meet the stringent requirements of MDO’s exploration and mining operations. The sample boxes will be manufactured through 6 production lines containing different moulds for different parts of the boxes. This will increase the company’s production capacity to 550 thousand boxes annually, enabling it to meet the needs of the local and regional markets in addition to the global markets.
Eng. Khalid Al-Hosni, CEO of Titronic Middle East, remarked: 'We take great pride in our partnership with MDO, which has entrusted us to deliver high-quality products that meet international standards. Our objectives extend beyond reducing import dependency; we aim to stimulate the local economy and offer eco-friendly solutions through material reuse and innovative manufacturing techniques. This initiative represents a significant stride towards empowering Omani industries and exploring new pathways for sustainable growth.'
Demonstrating its commitment to value chain enhancement, Titronic Middle East utilizes local polymer raw materials to guarantee superior quality and bolster the local economy. Additionally, the company adopts an innovative approach by recycling damaged boxes, contributing to waste reduction and reinforcing its dedication to sustainable practices.
Minerals Development Oman SAOC is a closed joint-stock company registered under the Commercial Companies Law of the Sultanate of Oman. The Company is 76.8% owned by Oman Investment Authority “OIA” and the other 23.2% is owned by Oman National Investment Company “TANMIA”. The Company was established with a clear strategic vision to unleash the potential of the mining sector by investing directly in or enabling various projects across a range of material commodities and value chains.