05 November 2012 08:29 [Source: ICIS news]
SINGAPORE (ICIS)--Oman Oil Refineries and Petroleum Industries Co (Orpic) plans to shut its Sohar-based refinery and polypropylene (PP) unit in February 2013 for 45 days of scheduled maintenance, a company source said on Monday.
The refinery, which has a nameplate capacity of 116,400 bbl/day, has a 75,250 bbl/day residue fluid catalytic cracking (RFCC) unit that produces 327,000 tonnes/year of propylene, the source said.
The propylene is fed to a PP facility located at the same site, the source added.
The PP plant is capable of producing 340,000 tonnes/year, but it is currently running at 70% capacity, and the operating rates will only be optimised in 2016, he said.
Orpic comprises Oman Refineries and Petrochemicals Company LLC (ORPC), Aromatics Oman LLC (AOL) and Oman Polypropylene (OPP).
Oman Oil owns a 40% stake in Orpic, while LG International, Gulf Investment and International Petroleum Investment Co (IPIC) each hold a 20% stake in the PP maker.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|