Oman Oil Refineries and Petroleum Industries Company (Orpic) will lay the foundation stone on October 10 for construction work at Liwa Plastic Project, a report said.
The project, whose EPC contracts cost $4.5 billion, will be operational by 2020, Musab bin Abdullah al Mahrouqi, CEO of Orpic was quoted as saying in the Oman Observer report.
Liwa Plastics Industries Complex (LPIC) in Sohar is the biggest industrial project in the Sultanate.
Al Mahrouqi said that the contractor is getting ready to start work and Orpic engineers are in Seoul, Milano, and The Hague to finalise the maps of the final engineering works of the project with the consultants of the contractor.
“About 95 per cent of the engineering, procurement and construction works of Sohar Refinery Improvement Project (SRIP) have been completed and hopefully the works will be completed in full before the end of 2016,” he said.
“SRIP project includes five stages, the first of which will become operational next February 2017. Other units will become operational one after one and the last (5th) unit will become operational in November 2017.
“When operational, SRIP project will increase the company’s production from 798 metric tonne (MT) of polypropylene per day to 1,246 MT,” he added.
Source : tradearabia.com