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India's JBF to build $680m petchem plant in Oman

February 04/2010

February, 4 (ArabianBusiness) -- India"s JBF Industries Limited will build a $680m terephthalic acid (PTA) plant in Oman"s industrial city of Sohar, an Omani newspaper reported on Thursday.


JBF will build and operate the plant jointly with state-run Oman Oil Company, Oman Observer reported.


The project will have a capacity to produce 1.2 million tonnes per annum of PTA.


PTA is the main ingredient in the manufacture of polyethylene terephthalate (PET), one of the most commonly used food-grade packaging polymers.





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