A US$300 million license, technology and core equipment supply agreement was signed yesterday by The Liwa Petrochemical Company and Uhde GMBH of Germany. The pact was signed for a 300,000 tpa ethylene dichloride (EDC) plant in the Sohar Port industrial area.
It is believed that with this new technology transfer agreement, Uhde GMBH, with its experience, will be able to provide the finest technology services for the EDC plant. The Liwa Petrochemical Company is equally owned by Oman Oil Company SAOC, LG International (LGI) of Korea and National Petrochemical Company (NPC) of Iran.
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