Oman to build world's largest pallet plant

Oman set to corner world shipping pallet market as US$230 million plant opens

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By  Rhys Jones Published  April 18, 2005

Oman is set to build the world’s largest plant to manufacture shipping pallets at a cost of US$230 million. An agreement has been signed between the Sohar Industrial Port Company (SIPC) and PVAXX Industries LLC, a wholly owned subsidiary of Bermuda-based PVAXX Limited. The build-own-operate project, in which PVAXX will invest US$100 million, will be built on a 15-hectare area at Sohar Industrial Port in the Batinah region. The plant will be capable to produce 150 million Siluma shipping pallets per year in its initial phase. The pallets will be made from high-quality silica sand. Production is scheduled to commence in the second half of this year. Saudi Consulting Services is the consultant on this project. PVAXX selected Sohar because of its excellent location, world-class infrastructure and the presence of internationally recognised common service providers.

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