Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Super Group takes stock of damage after fire destroys factory, warehouse  Join our daily free Newsletter

MENAFN - Muscat Daily - 07/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Muscat Daily) It was a weekend like no other for Super International as a fast spreading fire engulfed its Super Plastic Factory, Super Optical Media CD Factory and Plastic Warehouse located in the Ghala Industrial area. The fire began at around 1.30am on a Friday at a supermarket warehouse located in the same compound and quickly spread to the CD and plastic factories.


The watchman on duty sounded the alarm and by 2am, the Omani firefighting team was at spot, working hard to douse the flames. Employees of Super Group watched helplessly as the fire destroyed decades of work and investment of the international business conglomerate, a premium manufacturer of plastics and compact discs in the sultanate. ''As I watched the fire raging, my immediate concern was for the members of the firefighting team working amidst the smoke and emissions from the burning factories. ''As many as 25 fire engines and water tankers worked tirelessly for 15 hours to control the blaze and prevent further spread of the fire.


''Exact losses cannot be determined as of now but we estimate it to be around RO6mn. Accidents do happen and we are taking it as a key learning process. Thankfully, there were no injuries, and no lives were lost,'' said Jasmine Kalwani, managing director, Super Plastics. Super Optical Media owned and managed the only compact disc manufacturing facility in Oman.


The factory unit was capable of manufacturing CDROMs, VCDs and DVDs. Super Plastics was a premier plastic manufacturer of plastic injection molding, blow molding and extrusion, manufacturing various industrial and consumer products. The company has made an appeal to its customers, suppliers and the government to cooperate with them during this difficult time.


The accident has disrupted the extensive distribution network in Nizwa, Sur, Sohar, Ibri, Haima, Salalah and hundreds of small businesses who depended on Super Plastics supplies to redistribute to the people of the sultanate. ''Our focus now is to work in close coordination with the government of Oman to start afresh. We are investors in Oman “ we know how important businesses are for the community by and large.


''It is a big loss but we believe that we have an expertise in the field of high technology optical media products and plastic manufacturing and we will move forward from here,'' added Jas

 


Muscat Daily




  MENA News Headlines
 May 30 2015 - Etihad Airways profits double to USD73m in 2014MENAFN
(MENAFN) Etihad Airways said its profit rose by more than half to USD73 million last year as it carried more passengers and used its stakes in other airlines, Arab News reported.The government-backed ...

 May 30 2015 - Saudi's SAMA net assets down to USD678.8b in AprilMENAFN
(MENAFN) Net foreign assets at Saudi Arabian Monetary Agency fell to USD678.8 billion in April, down by USD11.8 billion or 1.7 percent from March, Arab News reported.Assets dropped 6.8 percent from a ...

 May 30 2015 - Oman to invest USD7b in Indonesia projectMENAFN
(MENAFN) Oman has committed to invest USD7 billion to build oil storage facilities, a petrochemical plant and a refinery in Indonesia, Arab News reported.Oman also agreed to supply crude oil to the ...

 May 30 2015 - Qatar- Preparations for 2022 World Cup to continueThe Peninsula
(MENAFN - The Peninsula) Qatar yesterday defended its successful bid for the 2022 Fifa World Cup and said it was moving forward with preparations to host the event. Qatar will "cooperate fully with ...

 May 30 2015 - IS seizes control of airport in Libya's Sirte: Tripoli govtThe Peninsula
(MENAFN - The Peninsula) The Islamic State jihadist group has seized control of the airport in the city of Sirte after forces of a Tripoli-based Libyan government withdrew, a spokesman said Friday. ...

 May 30 2015 - 4 dead as Saudi 'foils' attack on Shiite mosque: ministryThe Peninsula
(MENAFN - The Peninsula) A car blast outside a Saudi mosque during Friday prayers killed four people, including its driver, in an attack that was "foiled" by the authorities, the interior ministry ...

 May 30 2015 - Iraq- 85,000 flee Ramadi since IS capture: UNThe Peninsula
(MENAFN - The Peninsula) Around 85,000 people have fled Ramadi since the Islamic State group captured the Iraqi provincial capital two weeks ago, the UN said Friday, warning that Iraqi authorities ...

 May 30 2015 - IS bombs second Saudi Shiite mosque, killing 3The Peninsula
(MENAFN - The Peninsula) An Islamic State jihadist killed three people Friday when he blew himself up in a car outside a Shiite mosque in Saudi Arabia, the second such attack in a week. The bombing, ...

 May 30 2015 - Huthi rebels kill Yemen capital's governor: relativesThe Peninsula
(MENAFN - The Peninsula) Yemen's Shiite Huthi rebels have killed the capital's governor in clashes that erupted during an attempt to detain him, his relatives said Friday. Sanaa governor Abdulghani ...

 May 30 2015 - Yemen's Saleh says Saudi offered him 'millions' to fight HuthisThe Peninsula
(MENAFN - The Peninsula) Yemen's ex-president Ali Abdullah Saleh said in an interview broadcast Friday he had rejected "millions of dollars" Saudi Arabia offered him if he stood up to the Shiite ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help