Liwa Plastics on track for commercial production in Q4

Liwa Plastics on track for commercial production in Q4

Liwa Plastics Industrial Complex (LPIC), Oman's biggest petrochemicals investment to date, is on track to commence commercial production later this year, a report said quoting a senior official.

 

The commissioning phase of the project began in May and marks the execution of the final stages of construction leading up to commercial production in the last quarter of this year, said an article in the website of Anglo-Omani Society (AOS).

 

The venture, set up with an investment of $6.7 billion, takes OQ's Downstream portfolio in Oman a step closer to realising Oman's vision for diversification.

 

"We are establishing a state-of-the-art, integrated refinery and petrochemical facility combination“, said Ahmed Saleh al Jahdhami, Chief Executive Officer (Downstream) at OQ, the sultanate's integrated energy group.

 

"With LPIC coming online, we are one step closer to realising our vision