Salalah poised to become a petrochemical hub

22-Apr-08
Salalah's strategic location with respect to the West as well as the East, and shifting of the petrochemical industries from America to Asia, could make Salalah a vital port for trade. The Omani government is developing excellent infrastructure and facilities at the Salalah Port to facilitate business. Octal Petrochemicals is to augment PET capacity by 500,000 tons by May 2010. The company's second-phase expansion will make it the largest polyester manufacturer in the Middle East and one of the biggest outside of China on an integrated site. Output is being targeted for meeting the demand of the soft drink and bottled water markets in Europe, the US and Middle East.
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