MOSCOW (MRC) -- Oman Oil refineries and Petroleum Industries Company (Orpic) is likely to shut a polypropylene (PP) plant for maintenance turnaround, reported Apic-online.
A Polymerupdate source in Oman informed that the plant is planned to be shut in end June-early July 2014 for maintenance turnaround. It is expected to remain shut for around one month.
Located at Sohar, Oman, the plant has a production capacity of 350,000 mt/year.
As MRC wrote before, in December 2013, Oman Oil Company (OOC), a commercial company wholly owned by the Government of the Sultanate of Oman, successfully concluded the acquisition of Oxea which was announced in October. The purchase price was not disclosed. Oxea is one of the largest global manufacturers of Oxo chemicals. With the acquisition, OOC aims to become a vertically integrated global chemical leader in the downstream industry.
Oxea is a global manufacturer of Oxo intermediates and Oxo derivatives, such as alcohols, polyols, carboxylic acids, specialty esters, and amines. These products are used for the production of high-quality coatings, lubricants, cosmetics and pharmaceutical products, flavorings and fragrances, printing inks and plastics.
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