Glass Wool unit

Sector

Manufacturing

Location

Capital Investment

7,161,000 OMR

Internal Rate of Return

12.0%

Payback Period

7 Years

Implementation Duration

0.6 Years

Source

Ministry of Commerce, industry and Investment Promotion

Description

Mineral wool is a non-metallic, inorganic product manufactured from a carefully controlled mix of raw materials, mainly comprising either stone or silica which are heated to a high temperature until molten. The molten glass or stone is then spun and formed into a flexible, fibrous mat for further processing into finished products.