Oman Cement Company to pay damages to villages
The cement company is paying just half of the total amount it owes
Oman Cement Company has been ordered to pay OMR 2.25m ($5.9m) to local villages across the country, which have been affected by its ongoing operation.
Ordered to pay the damages by Oman’s ministry of commerce and industry, the Sultanate’s second-biggest cement manufacturer will contribute just 50% of the total amount it is thought to owe.
The other 50%, which would bring the amount to OMR4.49m, is to be paid by the Omani central government.
While analysts expect the sum to have a significant impact on the firm’s fourth quarter financial results, due out soon, the damages are also significant in demonstrating the detrimental environmental effects of cement production.
These effects include airborne pollution from dust, gas, noise and vibration, as well as damage to surrounding countryside from quarrying.
The cement industry is also the second largest CO2 emitting industry, emitting approximately 5% of all man-made CO2 emissions around the globe.
Currently, there is equipment available to reduce dust emissions during quarrying and manufacturing, as well as equipment to trap and separate exhaust gases.