JBF Industries signs MOU with OOC for PTA plant at Port of Sohar

Indian petrochemicals manufacturer JBF Industries Ltd. has inked a Memorandum of Understanding with state owned Oman Oil Company SAOC (OOC) to jointly build a major purified terephthalic acid (PTA) plant at Port of Sohar. A 1.2 mln tpa capacity PTA plant is being planned at a total investment of US$680 mln. The proposed venture will be located near the newly commenced US$1.68 billion complex of Aromatics Oman LLC (AOL). Feedstock for the new plant will be sourced from the adjacent AOL plant that produces paraxylene and benzene. AOL is 70% owned by OOC, 20% owned by Oman Refineries and Petrochemicals Company (ORPC) and 10% by LG International. Gujarat-based JBF Industries, which commenced operations in 1982, is a leading player in the production and supply of polyester chips and partially oriented yarns (POY).
  More News  Post Your Comment
{{comment.Name}} made a post.




There are no comments to display. Be the first one to comment!


Name Required.


Email Id Required.

Email Id Not Valid.


Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.

Message Required.

Click to Change image  Refresh Captcha