SPE: Polyolefin Project in Oman
Orpic, a subsidiary of Oman Oil Company, has chosen the first Society of Plastics Engineers (SPE) conference to be held in the Middle East to announce a USD 3.6-billion investment in an integrated olefins project that will have an annual capacity of 1 million t of linear low- and high-density polyethylene.
Orpic handles Oman’s refinery and petrochemicals business. The company’s new project will include a steam cracker for production of olefin monomers and polymerization reactors with a capacity of 1 million t.
It is expected to be completed by 2018. While the company already produces 200,000t/a of polypropylene, the project will mark the company’s entry into the polyethylene market. Polyolefins will account for 12% of Orpic’s total sales once the project is on stream and will generate 50% of the company’s profits, according to Orpic CEO Musab al Mahruqi, who spoke at the conference.
The Polyolefin Plastics Arabia Conference was co-organized by SPE and the Public Establishment for Industrial Estates (PEIE), an organization which fosters industrial development in Oman. With more than 100 conference attendees and two dozen workshop participants, the event is the latest manifestation of an SPE drive for international expansion of its mission to disseminate plastics knowledge.
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