Middle East Economic Survey

VOL. XLVIII

No 16

18-April-2005

OMAN

MAN Ferrostaal To Construct $500Mn Methanol Plant In Sohar

MAN Ferrostaal is to build a $500mn, 1.05mn tons/year methanol plant in the Sohar Industrial Zone, the company announced on 12 April. The German company has a 20% stake in the project company Oman Methanol Company (OMC) which has commissioned the construction of the methanol plant (MEES, 5 January 2004). The other OMC partners are Methanol Holdings International with 50%,...