Production of Energy from End of Life Tires in Oman
Production of Energy from End of Life Tires in Oman
In pyrolysis plant the waste tires are fed in to the reactor vessel and initial heat is provided with the help of wood, coal, gas or oil under controlled conditions of temperature and pressure. The process will bring about molecular restructuring of rubber and convert in to vapour and gases.
Location
N/A
Capital
1,073,000 OMR
Payback
6 Years
Duration
1.6 Years
Sector's Highlights
2025
2024
2030
Sector's Incentives
Up to 10 years of corporate tax exemptions for manufacturing projects.
Long-term land leasing options at competitive rates to facilitate industrial growth.
Duty-free imports for machinery, raw materials, and equipment needed for manufacturing.
R&D Partnerships: 40% cost-sharing for Industry 4.0 pilot projects.
Export Acceleration: Customs exemptions for 71 countries across 15 trade agreements.
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