OMAN – SNR Denton advises USG

 

SNR Denton advised USG Corporation (USG), the Chicago based manufacturer of building materials, on their partnership with Oman based Zawawi Minerals.

 

This strategic and multifaceted partnership has been developed to meet the growing demand for USG’s building products in the Middle East and India. USG expects the investment of approximately US$60 million to be incurred over two years, with the majority in 2012.

 

Based in the Salalah Free Zone in the South of Oman, the partnership will initially develop infrastructure and operate a gypsum quarry. A second joint venture company will build and operate a new low cost wallboard plant in the Free Zone.

 

SNR Denton’s team was led by Paul Sheridan in Muscat and included Rachel Oxby, Ahmed Al-Barwani and Andrew Steele also from SNR Denton’s Muscat office as well as Iain Black and Simar Berrached from the firm’s Dubai office.