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Orpic plans $4bn steam cracker
- Oman: 9 hours, 55 minutes ago
Oman Oil Refineries and Petroleum Industries Co (Orpic) has said it plans to conduct a study for a proposed steam cracker plant to produce polypropylene and polyethylene, as part of its business development plans, Times of Oman has reported. The proposed project will cost between $3bn and $4bn and will have the capacity to produce approximately one million tonnes per year of polypropylene and polyethylene, said Orpic chief executive, Musab Al Mahruqi. He did not give the time frame of the project but said its completion might coincide a couple years after the proposed projects of improving the Sohar Refinery and a Muscat-Sohar pipeline project have been completed.
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