Oman-based Saltic LLC FZE has formally launched work on its world-scale caustic soda and ethylene dichloride plant at Salalah Free Zone. Site preparation works kicked off recently on a 35-hectare plot within the massive special economic zone adjoining the Port of Salalah, as per Oman Daily Observer.
South Korea's Hanwha Engineering & Construction Corporation is executing the project under an engineering, procurement & construction (EPC) contract awarded by the promoters last November. Salalah-based contractor, Al Ez Trading, Transport Cont Co, is undertaking the site works as part of the promoters' strategy to engage local firms in the implementation of the venture. Saltic is investing an estimated US$500-600 mln in the development of a state-of-the-art petrochemical complex designed to produce 1,000 tons per day of caustic soda and 1,231 tons per day of ethylene dichloride (EDC). Both commodities are high-value intermediate products with extensive application in a variety of industrial processes. All other statutory approvals, including the all-important environmental permit from the Ministry of Environment and Climate Affairs, have been obtained, say officials. Additionally, Dhofar Power Company has earmarked electricity loads of up to 150 MW for the project.
Project completion is targeted during Q4-2014, with commissioning slated for Q1-2015.
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