MOSCOW (MRC) -- Oman Oil Refineries and Petroleum Industries Company (Orpic) will conduct a ground breaking ceremony to start work on its Liwa Plastics Industries Complex (LPIC) on April 27, 2017 at Fahud in the Wilayate of Ibri, as per Times of Oman.
The engineering and procurement and construction (EPC 3), worth US$688 mln, brings for the first time to Oman the Natural Gas Extraction Plant- a consortium of two corporations namely GS Engineering and Construction, and Mitsui & Co. Ltd.
LPIC will firmly reinforce Orpic as a recognised player in the international petrochemicals marketplace - enabling Oman, for the first time, to produce polyethylene and increase the current production of polypropylene. LPIC is the largest of the three strategic growth projects undertaken by Orpic to fulfil its vision of building an Omani integrated refining and petrochemical business.
Upon commissioning in 2020, Liwa Plastics Industries Complex will transform Orpic’s product mix. This project will be the first-of-its-kind in the Sultanate and will enable Oman to take the downstream plastics industry to the next level.
Following commissioning, plastics production is forecast to have increased by more than 1 million tons, giving Orpic a total of 1.4 million tons of polyethylene (PE) and polypropylene (PP) production.
With the highly integrated complex in Suhar consisting of Orpic’s refineries, aromatics plant, PP plant, steam cracker and the downstream PP and PP units, the operation will be considered as one of the finest integrated refinery and petrochemical facility combinations in the world, and will achieve the maximum value-added for Oman’s hydrocarbon resources.
As MRC informed before, in 2014, Orpic selected LyondellBasell's Spheripol polypropylene process technology for a new 300,000 tpy PP plant to be built in Sohar, Sultanate of Oman.
Orpic (Oman Oil Refineries and Petroleum Industries Company) is one of the leading companies in Oman and has two refineries in that country, in Sohar and Muscat. ORPIC is owned by the Government of the Sultanate of Oman and Oman Oil Company SAOC, the trading company created by the Government of the Sultanate of Oman for managing investments in the energy sector.
MRC