28 March 2007 17:21 [Source: ICIS news]
FRANKFURT, Germany (ICIS news)--Output from Oman’s proposed refining and petrochemicals complex at Duqm will include polyethylene (PE), polypropylene (PP), monoethylene glycol (MEG) and styrene, Oman Polypropylene's CEO said on Wednesday.
Mohammed Benayoune told the World Refining Association’s Global Petrochemicals Conference in Frankfurt that the feasibility study for the project has been completed and will be presented to the Ministry of Oil and Gas for approval in May.
Oman Polypropylene expects to play a key role in the development of the project, named Duqm Refining & Petrochemical Complex (DRPC), he said.
The Duqm PP plant will have a capacity of 1.2m-1.5m tonnes/year and is likely to comprise four trains, he told delegates at the conference.
Benayoune declined to comment on the size of the other plants.
“The capacities are now being finalised,” he said in a conversation with ICIS news.
Discussions are under way with potential foreign partners in DRPC, he said.
The Duqm project will benefit from Oman Polypropylene's experience of integrating a refinery, a PP plant, an aromatics plant and a steam cracker in Sohar, Benayoune said.
“The experience in Sohar will help implement the Duqm project in a much more effective and efficient manner,” he remarked.
Oman Polypropylene, which is owned by Oman Oil Co (40%), LG International Corp (20%), Gulf Investment Corp (20%) and International Petroleum Investment Co (20%), started up its PP plant in the Sohar industrial area in September last year.
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