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中近東の石油化学一覧 

AkzoNobel acquires 50% stake of Oman paint company

Oman Plans Petchem Projects In 03 To Diversify

   Omanのエチレン,PE計画  

Oman のPP事業

Oman Oil signed with Gulf Investment Corporation for a 20% Share of Oman PP   

New Oman petchem plants, oil refinery powering to early start-ups

Oman Polypropylene plans on-spec PP production end-Nov/early-Dec

methanol

   TEC、オマーン初のメタノール・プラントの設計業務を受注

Oman Oil to purchase its 49 per cent equity stake in BP Oman

S. Korea's LG International mulls EDC project in Oman

LG Completes Oman EDC Study; Considering Potential Partners

NPC, LGI and OOC to build $300m JV EDC plant in Oman

オマーン政府とダウ、石化コンプレックスJV設立で合意

Oman shelves big petchem JV with Dow

三菱重工、オマーンから大規模な肥料製造プラントを受注

NPC and OCCOman) sign new joint venture MOU
  in Assaluyeh1.65m tonne/year methanol complex and a 1.07m tonne/year ammonia/urea facility both
  (in Oman ) 400,000 tonne/year PVC complex and the expansion of an EDC plant to produce 200,000 tonne/year of PVC.

Oman Oil Company Acquires 30% Equity in Qingdao Lidong Chemical Co. Ltd  青島麗東化学

Oman Salalah Methanol concludes financing deal for methanol plant

Octal Petrochemicals in Oman signs US$166.5 million loan facility for APET

   OCTAL'S new PET plastic platn to feature direct to sheet technology

   Octal Petrochemicals to add 500,000 tpa of PET capacity

Oman Oil, LG in tie-up to build PTA & PET plants at the Sohar Port

Oman Gives the Go-Ahead to BP for the Khazzan tight gas Project


Oman エチレン計画

http://www.omanet.com/major_project.htm  

The petrochemical plant project is expected to have a 450,000 tonnes per annum ethylene cracker and a similar-sized polyethylene plant. British Petroleum (BP) will have a 49% stake with the Oman Oil Company holding 11% and the remaining 40% will be offered to the public in due course. One trillion cubic feet of gas, over a period of 25 years, has been allocated for the project. This and other projects are dependent on delivery of sufficient supplies of natural gas which are now being developed.

BP pulled out in 1999 because of insufficient gas supply.


http://www.oilandgasdirectory.com/ogd2002/reprof/oman.pdf

Sultanate has started showing interest to invest in petrochemical industry. Oman is proceeding with its plan to construct a large scale joint venture petrochemical project in Sohar for the production of polyethylene and fertilizers. Omani natural gas can be utilized by this project and would comprise an ethane cracker and polyethylene unit with an approximate capacity of 450,000 tons in a year. The plant is scheduled to start production between 2001 and 2002. British Petroleum is to own 40%-49% of the project under an agreement signed in 1996 and 40% will be sold in the Muscat Securities Market. An ethane pipeline is under construction to supply the petrochemical complex.


2004-2-20 Asia Chemical Weekly

Oman Oil to complete feasability study on C2 this year

Oman Oil Co expects to complete a feasibility study on its proposed cracker complex this year, according to a source close to the project. The source said many issues were still under study, including capacities and product slate.

Oman Oil was earlier considering building an
800 000-1m tonne/year cracker project, but has released few further details.

The company had pursued a
450 000 tonne/year cracker project jointly with BP in the mid-1990s, but the latter pulled out in 1999 because of insufficient gas supply.


(European Chemical News. 11-18 March 2002)  

Oman plant to use Novolen technology

Oman's planned
340 000 tonne/year polypropylene (PP) plant will be based on Novolen technology.

Novolen Technology Holdings will also supply catalysts and technical support on the project.

The planned PP facility, owned by a joint venture in which the government of Oman will be the majority shareholder, will be part of a 75 000 bbl/day refinery complex to be located in Sohar, Oman.

The other partners in the PP facility are
Korea's LG International and US-based ABB Lummus Global. A memorandum of understanding between the three partners was signed last month .

Once the plant comes onstream in 2006, the unit will be able to produce the entire range of PP homopolymers and special grades of random copolymers.


Platts 2005/12/5

New Oman petchem plants, oil refinery powering to early start-ups

New
polypropylene, benzene and paraxylene plants planned for Oman's industrial development zone in Sohar are powering towards early start-ups, Oman Polypropylene LLC CEO Mohammed Benayoune said in Muscat, Oman on Monday.

Benayoune said the
340,000mt/year Sohar polypropylene plant was 75% complete in construction, and was set for commissioning in May or June next year. Full commercial production is set to start in July, two months ahead of schedule.
While Oman hopes to expand further downstream in coming years, at first 90% of the product from the plant will be exported.
Oman Polypropylene, which is 60% owned by government-run Oman Oil Co (20% Gulf Investment Corporation and 20% LG International of Korea), has previously stated that OOC will market the new production in the Indian subcontinent, Iran, the Middle East and Africa. LG International is set to market polypropylene from the project to the rest of the international market.
On the
810,000mt/year paraxylene and 210,000mt/year benzene plants for Sohar, Benayoune said progress on the design and contracting of the units had been exceptionally fast since they were first dreamt up in late 2004. OOC, which also owns 60% of Oman Aromatics (the operator of the new plants), gave its approval for a business plan in the fourth quarter of 2004, approved commercial terms in April 2005, and the project was fully committed on Sep 16.

The marketing of the benzene and PX will be carried out by the project's owners.
LG International, which also holds 20% in Oman Aromatics (Oman Refinery Co owns the remaining 20%), will take 20% of the aromatics output and find a home for it in eastern Asian markets. OOC has committed to marketing the other 80%, and will likely try to do so through a new trading joint venture it plans to launch with international trading company Vitol in 2006.

Meanwhile, a
74,260 b/d residue fluid catalytic cracker at the new Sohar oil refinery is set to move into production early next year to support the new polypropylene complex.
The Sohar refinery will become
Oman's second after the nearby 85,000 b/d capacity Mina al-Fahal refinery.


(European Chemical News. 11-18 March 2002)  

Oman plant to use Novolen technology

Oman's planned 340 000 tonne/year polypropylene (PP) plant will be based on Novolen technology.

The other partners in the PP facility are
Korea's LG International and US-based ABB Lummus Global. A memorandum of understanding between the three partners was signed last month .


(European Chemical News. 4-11 March 2002)

OMAN POLYPROPYLENE
LG to hold 20% stake in planned facility

LG International has signed a contract with Oman's Sohar Refinery Company to act as a foreign partner on a planned 340 000 tonne/year polypropylene (PP) plant, which will be built in Sohar. LG said it will hold a 20% stake in the production plant.

 


Platts 2006/11/15

Oman Polypropylene plans on-spec PP production end-Nov/early-Dec

Oman Polypropylene was planning to start production of specification grade material at its new 340,000 mt/year polypropylene plant at Sohar by the end of November or early December, a source close to the company said Wednesday.

 


2004/12/19 Oman Oil

Oman Oil Company signed with Gulf Investment Corporation for a 20% Share of Oman Polypropylene Company
http://www.oman-oil.com/newsdetails.asp?id=80

Oman Oil Company S.A.O.C. (OOC) signed an agreement for the sale of a 20% interest in the US$ 313 million Oman Polypropylene LLC (OPP) to Gulf Investment Corporation (GIC), following the in principle agreementreached between the companies as per the announcement made in June 2004.

OPP is a joint venture between
OOC and LG International of Korea with 80% and 20% stakes respectively. The share of GIC will be carved out from OOCs 80% ownership in the Company and will entitle GIC for a seat on the Board of Directors of OPP.

OPP was established to construct and operate a polypropylene plant in Sohar Industrial Area with a capacity to produce
340,000 tonnes per annum of polypropylene product. The project, which is started as part of Sohar refinery complex, aims to add value to the propylenestream to produce a product that can be used in a large array of downstream industries.

Oman Polypropylene will market production in the Indian subcontinent, Iran, Middle East and east and southern Africa and LG International will be the marketer in the rest of international markets. Initially, ninety per cent of the production will be exported and the remaining 10 per cent will meet the existing domestic requirements. However, OPP hopes to encourage the domestic utilization in the downstream sector and to increase its allocation for the domestic use beyond the presently envisaged ratio of 10%.

The plant will commence commercial production in the third quarter of 2006.

Gulf Investment Corporation
Gulf Investment Corporation (GIC) was established in 1983 and is equally owned by six member states of the Gulf Cooperation Council (GCC):
Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Its mission is to support regional cooperation and to stimulate private enterprise in the GCC region. With an authorized capital base of US$ 2.1 billion GICs balance sheet assets stood at US$ 6.6 billion at the end of 2003 and shareholdersequity were US$ 1,285.9 million.


Platts--2002/5/13

Oman touts methanol plant by 2005; Vitol to market     → 3,000t

Oman is set to begin a major methanol project, a 5,000 mt/day plant, that will be completed by mid-2005, the Kuwait News Agency KUNA reported Sunday.

 


Platts 2005/2/22

UAE's Mubadala joins Oman methanol project at Salalah

State-owned Oman Oil Co. (OOC) and the UAE's Mubadala Development Co. have reached agreement to develop jointly a planned methanol project in the port of Salalah in the sultanate of Oman, the companies said in a statement Tuesday.

The project will entail the development, construction and operation of a 3,000 mt/day state-of-the-art methanol plant, using as feedstock natural gas supplied by the Oman gas Co.


平成16年12月14日 東洋エンジニアリング      原料ガス契約

オマーン初のメタノール・プラントの設計業務を受注
〜客先アライアンス・パートナーとしてプロジェクトに参画〜
http://www.toyo-eng.co.jp/jp/news/16/20041214.html

 東洋エンジニアリング株式会社(TEC、取締役社長 山田豊)は、オマーン・メタノール社(OMC)がソハール工業地区にて計画している、オマーン初の日産3,000トンメタノール・プラントに関わる、ライセンスを含む設計業務を受注いたしました。本プラントには当社のライセンス技術であるMRF-ZR合成管と合成ガス製造技術が適用されます。

 客先であるOMCは、世界有数のメタノール製造会社である
トリニダード・トバゴ・メタノール・ホールディングス社(略称MHTL)とドイツ・フェロシュタール社、現地のオマーン・メタノール・ホールディング社の3社合弁で昨年末設立された会社で、TECは客先のアライアンス・パートナーとして本プロジェクトに参画します。

<受注概要>
■客先   オマーン・メタノール社(Oman Methanol Company L.L.C.:略称OMC) (注)
(注)OMCは、メタノール・ホールディングス社(Methanol Holdings (Trinidad) Limited:略称MHTL)とフェロシュタール社(MAN Ferrostaal AG)、オマーン・メタノール・ホールディング社(Oman Methanol Holding Company) 3社の合弁
■建設地   ソハール(Sohar)工業地区
■対象設備   日産3,000トン・メタノール・プラント
■役務範囲   ライセンス供与、基本設計、詳細設計、工事及び試運転の技術支援
■ライセンス  
   英国ジョンソンマッセイ(Johnson Matthey:略称JM)社<低圧メタノール合成プロセス>
   及びTEC <MRF-ZR合成管、合成ガス製造プロセス>
■プラントの完成   2007年
■受注の意義
* 今回世界有数のメタノール製造会社であるMHTL社が初めて中東に投資するアライアンス・パートナーとしての受注であり、今後も同社の投資案件への参画が期待されます。
* 本プロジェクトはオマーン初のメタノール・プラントで、TECは自社開発のMRF-ZR合成管を適用し、従来に比べ合成触媒量を30−40%削減できる最新鋭技術により、日産3,000トン規模のプラント建設に参画します。
* 今回、合成管1系列で日産5,000トンの実現可能な設計が初めて採用されることとなります。


2004 /8/18
www.omzest.com/news.htm

Agreement for supply of natural gas by the Government of the Sultanate Oman to Oman Methanol Company LLC for its Sohar Methanol Project being set up in Sohar Industrial Port Area has been executed on 18th August 2004. H.E. Dr. Mohammed bin Hamad Al-Rumhy, Minister of Oil & Gas signed the agreement on behalf of the government and H.E. Dr. Omar Zawawi along with the other authorized signatories Dr. Axel Wippermann and Mr. Joseph M. Cassidy, signed on behalf of Oman Methanol Company.

The agreement was signed in the presence of Government officials and representatives of Oman Methanol Company and its shareholders.

This is the first Gas Supply Agreement executed by the Government for supply of natural gas to a private sector gas based industrial project in Sohar through the 32-inch gas pipeline built by Oman Gas Company from Fahud to Sohar. Oman Methanol Company will receive natural gas under the agreement for a period of 25 years.

The promoters of Oman Methanol Company are
MAN Ferrostaal AG of Germany, Methanol Holdings (Trinidad) Limited from Trinidad & Tobago and Oman Methanol Holding Company. MAN FERROSTAAL AG and Oman Proman Contracting & Trading LLC, are building the Plant. Sohar methanol project is the first mega private sector industrial project being set up in Oman.

The Company has finalised all project agreements and expects to achieve financial close by the end of September 2004 (God willing) and the first methanol production by December 2006. The project with a total investment of about US Dollars Five Hundred Million will have a production capacity of 3000 tons per day. The plans are already being developed for a second methanol plant at the same site to double methanol production by end 2007.

A ten-year agreement for annual sale of about one million tons of methanol from the first methanol plant has also been executed on the same day between Oman Methanol Company and Helm AG of Germany.


2003/1/19 Dow Jones Energy Service

Oman Plans Petchem Projects In 03 To Diversify Econ-Paper

The state-owned Oman Oil Co. is planning to set up industrial projects worth $3 billion this year as part of the government's drive to diversify beyond the oil sector, Dubai's Khaleej Times newspaper reported Sunday.

The projects include a $250-million
polypropylene plant with a production capacity of 340,000 tons a year. OOC will hold a 60% stake in the project.

 

 

 

 

 



The OOC is also seeking a loan to partially finance a planned $426 million methanol plant with two partners, local group Omzest and Germany's Ferrostaal AG (G.FST), the newspaper reported.

In addition, OOC is negotiating with Engro Chemical Pakistan (C.ECP) to build a 850,000-ton-a-year
fertilizer plant.

(別情報 http://www.oilandgasdirectory.com/ogd2002/reprof/oman.pdf)

For an estimated cost of $1,000 million Oman Oil Company, Rashtriya Chemicals & Fertilizers (India) and Krishak Bharti Co-operative (India) are planning to establish an Ammonia and Urea Complex at Sur. OOC will have a 50% holding and the two Indian firms 25% each. A pipeline planned to serve the Oman LNG project is likely to supply the feedstock.

 


2002/11/16  

Oman Oil Co. negotiates deal with BP (PLC) to buy their 49% equity in BP (Oman)
  http://www.alshabaca.com/mefn/info/newsmain.jhtml?NwsCode=3861&from=n

Oman Oil Company announced that it had reached agreement with BP (PLC) to purchase its 49 per cent equity stake in BP Oman.

 


2004-3-5 Asia Chemical Weekly

S. Korea's LG International mulls EDC project in Oman

LG International (LGI) is considering building an ethylene dichloride (EDC) plant in Sohar, Oman, according to sources close to the project.

LGI is expected to partner state-owned
Oman Oil Co (OOC) for the project. LGI and OOC might form a 40:60 joint venture or invite more partners to participate in the project, one source said.

The project would have a
capacity of 300 000 tonne/year, which is of the same scale as LG Chem's previously announced EDC project in Australia, the source said. LG Chem abandoned the Australian project and is now considering alternative sites in China.


Petro Chemical News 2004/4/15

LG Completes Oman EDC Study; Considering Potential Partners

LG International has completed a
feasibility study for a 300,000-t/y ethylene dichloride (EDC) plant in Sohar, Oman, and is considering possible joint venture partners for the project.

LG and Oman Oil, along with ABB Lummus Global, are currently building a
340,000-t/y polypropylene plant at Sohar.


NPC News Blletin Nov.2004 - No.57

NPC, LGI and OOC to build $300m JV EDC plant in Oman

NPC, South Korea's LG International (LGI) and Oman Oil Co. (OOC) signed a $300m shareholders agreement to form a joint-venture for the construction of a 300,000 tonne/year ethylene dichloride (EDC) project in Sohar Port Industrial Zone, Oman. The agreement was signed by Maqbool bin Ali Sultan, the Omani Minister of Commerce and Industry and OOC's Chairman, Mohammad Reza Nematzadeh, Iranian Deputy Petroleum Minister and the NPC President and David Kang, Executive Vice-President of LGI. The $300m venture will be equally owned by the partners, each having a share of 33.3%. Equity capital will be used to fund 30% of the project while the balance will be financed through loans from local and international banks. Financial closure will be concluded in the Q4 2005. Mechanical completion of the project has been scheduled for the end of 2007 and commercial production will start in Q2 2008. The project will also include a 240,000 tonne/year chloralkali unit. Mohammad Reza Nematzadeh said the agreement was a step in the direction of NPC's declared policy of regional cooperation in the petrochemical sector. He added that the decision to invest in the project was part of NPC's broader plans to expand its operation by investing in other countries.


NPC News Bulletin May-June.2005 No.63

NPC and OCC sign new joint venture MOU

NPC and Oman Oil Company (OOC) sign new memorandum of understanding(MoU) to establish four joint ventures.

NPC together with OOC and LG International (LGI) of South Korea have already formed a joint venture company for the construction of a
300,000 tonne/year ethylene dichloride (EDC) plant in the Sohar Port Industrial area of Oman. The $300m venture is equally owned by the partners, each having a share of 33%. NPC will provide the feedstock on a long-term agreement.

The new MoU encompasses four ventures for construction of two plants in Iran and two facilities in Oman. The proposed plants in Iran include a
1.65m tonne/year methanol complex and a 1.07m tonne/year ammonia/urea facility both in Assaluyeh and the plants in Oman are a 400,000 tonne/year polyvinyl chloride (PVC) complex and the expansion of an EDC plant to produce 200,000 tonne/year of PVC.


2004年07月21日 Chemnet Tokyo           Dow release

オマーン政府とダウ、石化コンプレックスJV設立で合意

 オマーン政府、オマーン石油とダウは20日、オマーン北部のソハールで石化コンプレックスを建設/運営するJV設立で合意したと発表した。

 JVはダウが50%、政府とオマーン石油がそれぞれ25%出資する。JVではエタン製造プラントとエタンクラッカー、及び新鋭技術による3系列の世界クラスのポリエチレンを建設する。更にJVでは同国の雇用促進のため、ポリエチレンの加工も検討する。

 オマーンでは以前にオマーン石油とBPとのJVで45万トンのエチレンとポリエチレンを建設する計画があったが、原料不足を理由にBPが撤退した。ほかにオマーンでは政府と韓国LG及びABBルーマスのJVでポリプロ34万トンを建設する計画がある。

 ダウは安価な原料を求めて中東での活動を広めており、
クウェートではPIC(Petrochemical Industries Company)との石化JVを運営するほか、PICとの連携を深めるため、海外で2つのJVを設立している。


2004/7/20 Dow

The Government of the Sultanate of Oman, Oman Oil Company and The Dow Chemical Company Forming a Joint Venture to Build and Operate a Petrochemical Complex in Oman
http://www.dow.com/dow_news/corporate/2004/20040720a.htm

The Government of the Sultanate of Oman, Oman Oil Company S.A.O.C. (OOC) and The Dow Chemical Company (DOW) announced today an agreement to form a joint venture that will design, build and operate a petrochemical complex in Oman.

The joint venture will be owned 50% by Dow, 25% by the Government of Oman and 25% by OOC.

Located in the Sohar Industrial Port Area, the petrochemical complex will comprise feedstock production facilities, a gas cracker, as well as three world-scale Polyethylene production units based on state-of-the-art catalyst and process technology. Further, the joint venture will facilitate the development of downstream industries in Oman that will convert polyethylene to end-products in Oman thus enhancing the level of job creation that will result from the complex.


2007/7/13 yarnsandfibers.com

Oman shelves big petchem JV with Dow

Oman Petrochemical Industries Corp. (OPIC; Muscat) has indefinitely postponed plans to build a petrochemical complex at Sohar, Oman, due to escalating costs, sources say. OPIC, a joint venture in which Dow Chemical holds 50% and the government of Oman and Oman Oil Co. each hold 25%, originally planned to have the complex onstream in 2008-09. But costs have almost doubled, to $4.5 billion, from original estimates of $2.6 billion, making the project too expensive for the partners to proceed, sources say.

The project would have included gas extraction facilities at Fahud, and a 400-km pipeline from Fahud to Sohar, where a gas fractionation unit, an
ethylene plant, and three polyethylene (PE) facilities were planned. ABB Lummus Global was bidding for the gas extraction facilities; CCC (Athens) for the pipeline.


2004/09/21 三菱重工業

オマーンから大規模な肥料製造プラントを受注
http://release.nikkei.co.jp/detail.cfm?relID=81750

 三菱重工業は、双日の協力を得て、オマーンのソハール国際尿素・化学品工業社(Sohar International Urea & Chemical Industries)から、ソハール肥料コンプレックスの建設工事を受注、近く正式に契約する。受注金額は約5億ドルで、生産開始は2007年度下期の予定。オマーン向けプラント建設工事は今回が初めて。首都マスカット(Muscat)から北西約260kmに位置し、国際協力銀行のアンタイドローンにより造成されたソハール工業地区内に建設される。

 ソハール肥料コンプレックスは、天然ガスを原材料としてアンモニアを製造後、全量を尿素に転換して最終製品である肥料用途の粒状尿素をつくる設備。
日産2,000トンのアンモニア製造プラント、同3,500トンの尿素製造・造粒プラント、およびその関連設備から構成され、化学プロセスには、ハルダー・トプソ(デンマーク)、スナプロゲッティ(イタリア)、ヤラ ファーティライザー テクノロジー(ベルギー)の技術が使用される。


2005/12/10 Oman Oil           青東麗東石油化学スタート   商業生産

Oman Oil Company Acquires 30% Equity in Qingdao Lidong Chemical Co. Ltd  青島麗東化学
http://www.oman-oil.com/newsdetails.asp?id=101

Oman Oil Company S.A.O.C. (OOC) acquired 30% equity interest in the Qingdao Lidong Chemical Co. Ltd (QLCC”青島麗東化学工業), an aromatics petrochemical plant, promoted by the GS Group, in the Peoples Republic of China.
    

The QLCC petrochemical plant has a capacity to produce 700,000 mtpa of Paraxylene, 250,000 mtpa of Benzene, 150,000 mtpa of Toluene and 113,000 mtpa of Raffinate. The feedstock for the project will be supplied by one of the refineries owned by the GS Group.

As per the revised ownership structure, QLCC is owned
60% by GS Aromatics, 30% by OOC and 10% by Red Star Chemical Group Ltd.


2004-5-16

Large chemical JV set up in Qingdao
http://www.china-sd.net/eng/sdnews/listnews.asp?classid=154&siteid=3469

A large production base of aromatic hydrocarbon with an investment of US$400 million from Republic of Korea-based LG settled recently in Qingdao, a coastal city in eastern China`s Shandong Province.

LG dominates the newly-established joint venture, named Qingdao Lidong Chemical Industry, by providing 90 percent of the total investment. The venture, under construction since this March, was scheduled to go into production in early 2006 and will mainly offer such products as benzene and toluene.


2007/9/25 Platts

Oman Salalah Methanol concludes financing deal for methanol plant

Oman's Salalah Methanol Company signed a financing deal for the construction of a 1 million mt/year methanol, according to an announcement Monday by its parent, Oman Oil Company.

The plant, to be built in the
Salalah Free Zone, was expected to be operational in early 2010, the company said.

The agreement was signed between Salalah Methanol Company and a group of lenders including local, regional and international commercial banks for the financing of 65% of the total project cost, with the remainder provided by Oman Oil Company.

The total costs of the project were expected to mount to Oman Rials 350 million ($910 million).

Salalah Methanol was
founded in February 2006 and is the first wholly owned subsidiary of Oman Oil Company within Oman, the company said.

 


Al Bawaba  2007/11/4

Octal Petrochemicals signs US$166.5 million loan facility with BankMuscat

Oman-based Octal Petrochemicals completed the initial phase of financing today for its groundbreaking plastic packaging venture in Salalah Free Zone.

Octal Chairman, Sheikh Saad Suhail Bahwan, and BankMuscat Chief Executive, AbdulRazak Ali Issa, formally agreed a US$166.5 million loan facility for Octals APET(amorphous 非結晶性) sheet packaging plant, which is aiming for a 20 per cent share of the global market for APET.

Octals Oman-based investors include NIFCO (National Investment Fund Company), Muscat Overseas, Oman Investment Company, Malatan Trading and Contracting, Oman and Emirates Investment Holding, Suhail Bahwan Group, DIDIC, as well as BankMuscat. Individual and institutional investors in Saudi Arabia, Kuwait and the US are also committed to the project.

Octal Petrochemicals expects sales of its APET (amorphous polyethylene terephthalate) sheet packaging to reach US$500 million per annum by the end of next year. Production capacity now stands at 30,000 metric tons per annum (tpa), but that figure will exceed 300,000 tpa by June 2008 as Octal corners a fifth of the world market for APET sheet, which was valued at US$2.25 billion last year.

Octal entered the market in December 2006 with 20,000 tons of capacity and added an additional 10,000 tons per year in September 2007.


March 26, 2008 Octal

OCTAL'S new PET plastic platn to feature direct to sheet technology
 Simplified Manufacturing Process to Produce Most Consistent Sheet in World

Octal (www.octal.com) has revealed details of its direct to sheet (DTS) APET plastic manufacturing process which constitutes a significant departure from traditional manufacturing processes - both in terms of manufacturing efficiency and product quality.

The new complex, located in the Salalah Free Trade Zone in Oman, is funded by an initial $300 million investment in proprietary technology and custom-made production lines. The 330,000 metric ton PET resin and APET sheet facility is scheduled to start-up in August 2008. Octal is focused on PET resin for bottles (150,000 tons per annum (tpa)) and APET sheet (180,000 tpa) as the continuing trend towards convenience living is driving strong growth in both beverage and prepared foods packaging. APET is emerging as the strongest overall performer from the standpoint of mechanical and optical performance as well as recyclability.

New Process Eliminates Manufacturing Steps and Reheating

Octal's proprietary DTS technology simplifies the traditional manufacturing process that typically requires the use of granulated resin from a third-party supplier. After delivery, the resin is dried in a four-to-six hour energy-intensive operation before being fed into the extruder. From there, the extruder compresses and heats the resin into a melt, which is then transferred to the die and onto the rollers to manufacture APET sheets.

"Octal's new DTS technology eliminates two energy intensive processes: resin drying and resin reheating or remelting, which together account for the majority of energy consumption and resin degradation, said Karl Stöger, SML Maschinengsellschaft of Austria, supplier of key sheet line components.

Early Customers Already Converting Octal APET Sheet

Octal's additional 300,000 metric ton per year site is actually the second step in a carefully planned phased investment process. In fact, Octal started initial operations with a smaller scale traditional extrusion plant in December 2006. With a capacity of 30,000 metric tons, it has been custom engineered to deliver superior quality APET sheet with consistent gauge, gloss and transparency. Octal has entered both the European and North American markets with this capacity and has been successful in validating the benefits of its precision sheet.


Apr 14, 2008 McClatchy-Tribune Information Services via COMTEX

Octal Petrochemicals to add 500,000 tpa of PET capacity

Octal Petrochemicals will add 500,000 metric tons of production capacity in PET resins by May 2010, making it one of the world's largest polyester producers with 800,000 metric tons of annual capacity.
Octal Chairman Sheikh Saad Suhail Bahwan said the company's second-phase expansion will make it the largest polyester manufacturer in the Middle East and one of the biggest outside of China on one site.
Octal's integrated PET resin and APET sheet facility in the southeast city of Salalah will ramp up the new production capacity in two stages:
250,000 metric tons by March 2010 and the remaining 250,000 by May of that year. The company is targeting the soft drink and bottled water markets in Europe, the US and Middle East through its move into PET.


With its manufacturing base strategically located in Salalah, Sultanate of Oman, Octal emerges as a far-reaching organization that translates this invaluable asset into a clear advantage for thermoformers, brands and retail packagers.

With an initial investment exceeding US$300 million, Octal is primarily owned by a U.S.-based private equity group (
Chemlink Capital Ltd. and Pound Capital Ltd.). Other principal shareholders include large private and institutional investors that strategically invest regionally and internationally. With a strong financial foundation, Octal is dedicated to continuous enhancement of its capacity in the Middle East and elsewhere.

Octal has invested heavily in proprietary technology and advanced manufacturing processes to deliver the highest quality APET sheet. From superior roll construction, tighter specifications and remarkably consistent gauge control to glass-like gloss and clarity, Octal's APET sheet opens doors to packaging applications that create value for the companies who use it and for the consumers who value its convenience

Octal Holding SAOC, established in 2006, is rapidly becoming the world's largest producer of APET sheet, delivering to brands and the packaging industry superior gauge control, gloss and transparency for rigid plastic packages.  The company is setting the standard in APET packaging through its patented technology and proprietary processes, featuring the tightest gauge control and tolerances in the industry.  With state-of-the-art manufacturing based in the Middle East, Octal has sales and customer support operations in the United States, Europe and Asia. 

Octal is the first company in the world to feature Direct to Sheet extrusion technology

Traditional Thermoforming processes start with resin pellets that are fed into large dryers. Any moisture in the polymers during the melting phase will cause problems downstream. These dryers require tremendous amounts of energy to operate.

Once the resin has been sufficiently dried, it is loaded into a screw drive that progressively melts the material into a liquid form.

The molten plastic will then pass through a melt pump that regulates the amount of plastic that will be fed into the extrusion rolls.

A molten curtain of plastic is dropped onto the cooled extrusion rolls that will then feed the new sheet into the next segments of the process.

Octal
s Direct to Sheet technology take away the drying and melting process and replace it with a resin reactor that creates the product directly from its raw material components.

The reactor creates the plastic in a pure molten form, so that when it is time to extrude the polymer, there is no contamination and no need for extensive energy outputs in the drying phase. Since the reactors a directly linked to our extrusion machines, we can save as much as 30% of the energy required to produce sheet compared to the traditional extrusion process.

 


December 20, 2012 Oman Oil Company    

Oman Oil, LG in tie-up to build petrochemical plant

Oman Oil Company (OOC) and LG International (LGI) on Tuesday signed an agreement to jointly develop a petrochemical plant at the Sohar Port.

The joint venture company, which will be owned 70 per cent by OOC and 30 per cent by LGI, will execute the project in accordance with international standards to produce a total of 1.1 million tonnes of purified terephthalic acid (PTA) and 500,000 tonnes of poly ethylene terephthalate (PET) per annum. The project, which is estimated to cost around $850 million and will be operational by the end of 2016, will be completed in two phases.

The project was signed by HE Nasser Bin Khamis Al Jashmi, Undersecretary at the Ministry of Oil and Gas and Chairman of OOC, and Kent Lee, Senior vice-president of LG International.

Al Jashmi said: “The development of the PTA/PET complex is an important investment project and will help step up downstream projects based on PET. In addition, the project will create more employment opportunities for Omanis.”

“The project highlights the economic importance of setting up diversified industrial projects in Port of Sohar and supports the government’s efforts in diversifying the national economy and attracting foreign direct investments,” he added.

The project will also support In-Country Value and contribute to the Omani economy by way of engagement of local contractors and suppliers, use of feedstock produced by the aromatics complex in Sohar owned by Oman Refineries and Petroleum Industries Company (Orpic) and the use of Sohar Port for import of plant equipment and other raw materials.

Lee said: “This project is a very important for both countries. We are determined to put all necessary efforts to see the project is successfully commissioned in 2016 and Oman Oil Company gives us confidence in achieving that.”

PTA is the raw material for PET which is in the shape of small white plastic chips and it is used for making bottles for packaging of carbonated soft drinks, drinking water, cosmetics, pharmaceuticals, food, etc. PET sheets are used to make food trays; PET films are used for wrapping; special grade PET is used for making industrial fibres for safety belts and straps.

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October 04, 2012

Oman Oil to set up PTA plant in sohar
 
Oman Oil Company (OOC), a state-run enterprise, intends to develop a huge US$ 800 million petrochemical project in Sohar.

The project is intended to facilitate production of one million tons of purified terephthalic acid (PTA) and polythylene terephthallate (PET).

Speaking on sidelines of deal for acquisition of a 30 percent stake in Vale Oman by OOC, Nasser bin Khamis Al Jashmi, Undersecretary at the Ministry of Oil and Gas, said presently OOC is working to set up a new distinct company for the project and has even constituted a project team to look after the project.

Mr. Jashmi, who is also the Chairman of OOC, informed that feedstock from the petrochemical project would be obtained from the Sohar Refinery.

Together with other petrochemical projects like polypropylene, this newly proposed project of OCC will establish Oman as a leading petrochemical producer, he said.

PTA is a key input for production of polyester fibre, which also finds utility in production of PET.


 Oct 10, 2013 Reuters

Oman buys German chemicals maker Oxea from buyout firm Advent

The Oman Oil Company agreed to buy German chemicals maker Oxea from buyout firm Advent International to expand into downstream activities in a deal a person familiar with the matter said was worth about 1.8 billion euros ($2.4 billion).

Oxea, a maker of ingredients for coatings, fuel additives, lubricants and cosmetics, will help to diversify Oman's industry and trade and reduce the Sultanate's reliance on crude oil, the buyer and seller said in a joint statement on Thursday.

The companies declined to comment on the purchase price.

Advent forged Oxea, which posted sales of 1.5 billion euros in 2012, from businesses it acquired in 2007 from Celanese and Degussa, now called Evonik.

Oman Oil Company worked with HSBC on the deal while Advent had no bank advisor, another source familiar with the transaction said.

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OXEA started in March 2007 as a buyout of Oxo businesses from two international chemical companies.

With a production capacity of over 1.3 million tons per annum and sales of about €1.5 billion we are producing more than 70 Oxo chemicals for customers in a wide range of industries with various end market applications.

Oxo chemicals are the core competency of OXEA; we produce Oxo Intermediates and Oxo Derivatives. We are #1 respectively #2 globally in products like Aldehydes, Alcohols, Esters and have the broadest product portfolio and the largest capacity in Carboxylic Acids. Apart from these product groups we are also the sole manufacturer of some special Aldehydes, Diols, Specialty Esters and Olefin Derivatives. Some of our products are tailored for specific customers' individual needs.

OXEA is considered to be the technological and market leader in most of its product segments.

OXEA is part of Oman Oil Company (OOC), a company wholly owned by the Government of the Sultanate of Oman.

In 2006, private equity company Advent International took over the business divisions responsible for oxo-products and derivatives, from Celanese. This was anything but a simple deal, since the financial investor had only acquired parts of a company, not a complete business. However, after successfully recombining the segments, the newly emerged Oxea Group appears in good shape, today.

The initial situation

The business surrounding oxo-products and derivatives has to do with a variety of solvents, polyols, carboxylic acids, alkylamines and olefin derivatives. These are manufactured into high quality coatings, lubricants, cosmetic and pharmaceutical products, flavoring agents and fragrances, printing inks and plastics, to name but a few.

At Celanese AG, the oxo-business comprised the European Oxo GmbH (EOXO), a joint venture of Celanese and Degussa AG (today: Evonik) founded in 2003, plus further business activities concerning oxo-products and derivatives, in Germany and in the US. Because the entire oxo-segment was no longer considered a core business by Celanese, it was put up for sale in 2006.

 

2014/8/7 LyondellBasell

ORPIC Selects LyondellBasell Spheripol PP Technology for 300 KTA Liwa Plastics Project in Oman

LyondellBasell today announced that Oman Oil Refineries and Petroleum Industries Company SAOC (ORPIC) has selected the LyondellBasell Spheripol polypropylene process technology for a new 300 KTA polypropylene (PP) plant to be built in Sohar, Sultanate of Oman. Start-up of the Liwa Plastics project is planned for 2018.


Oman Oil Refineries and Petroleum Industries Company (ORPIC) is the national refining and petrochemicals company by the Sultanate of Oman, jointly owned by the Government of Oman and Oman Oil Company. Orpic is one of Oman`s largest companies and is one of the most rapidly growing businesses in the Middle East`s oil industry.

Orpic is Oman’s national refining and petrochemicals company.
Orpic was established in 2011 by the Ministry of Finance of the Government of the Sultanate of Oman and by Oman Oil Company S.A.O.C. (OOC).

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ORPIC Liwa Platics Project to reach FEED stage

The Oman Refinery and Petroleum Industries Company (ORPIC) confirmed to have called for tender the front end engineering and design (FEED) work for its $3.6 billion petrochemical complex to produce plastics in Al-Liwa, close to Sohar in the north of Oman.

To be integrated to the Sohar Refinery after its on-going expansion, the Liwa Plastics Project will stand as the real kick off for the production of these petrochemical added value products in Oman.

With this Liwa Plastics Project, the production of plastics will jump from the current 200,000 tonnes per year (t/y) to 1.4 million t/y by 2018.

This project is part of the Sultanate program to reduce its reliance on the export of crude oil and natural gas in developing its downstream industry to retain more added value in the country considering that each $ billion invested downstream is creating four times more jobs than the same $ billion spent upstream.

For now the existing Sohar refinery is treating 116,000 barrels per day (b/d) of crude oil with propylene output 40% too short to feed the current polypropylene unit next door.

With the Sohar Refinery Improvement Project ORPIC will increase the refinery capacity to 176,000 b/d in order to produce more transportation fuels and to increase the feedstock available for the Liwa Plastics project.

Liwa Plastics Project to adopt mixed steam cracker

While increasing the naphtha deliveries from the Sohar Refinery with the on-going Sohar Refinery Improvement Project, ORPIC decided to adopt the mixed steam cracker technology in order to also accept ethane, natural gas liquids (NGL), mixed liquid petroleum gas (LPG) and other condensate as feedstock.

In this perspective the Liwa Plastics Project includes three parts:

- Upstream: Gas extraction plant located at Fahud
- Midstream: 300 kilometers gas export pipeline from Fahud to Sohar
- Downstream: Sohar Integrated Petrochemical Complex

Located at Al Liwa where lies the Port of Sohar, the Sohar Petrochemical Complex will include:

- Mixed Steam Cracker with 800,000 t/y capacity
- High Density Polyethylene (HDPE) unit with 300,000 t/y capacity
- Linear Low Density Polyethylene (LLDPE) unit with 500,000 t/y capacity
- Polypropylene (PP) unit with 215,000 t/y capacity → 300,000t/y LyondellBasell
- Methyl Tertiary Butyl Ether (MTBE) unit with 40,000 t/y capacity
- Butane-1 unit with 45,000 t/y capacity

Estimated to require $3.6 billion capital expenditure, the Liwa Plastics Project is now reaching the FEED stage since ORPIC initiated the tendering process.
ORPIC qualified only four bidders for the steam cracker