Middle East Economic Survey

VOL. XLVIII

No 24

13-June-2005

oman

Uhde Wins Contract For Sohar EDC Plant

Liwa Petrochemical Company announced on 31 May the signing of a license, technology and core equipment supplier agreement with Uhde for the planned 300,000 tons/year ethylene dichloride (EDC) plant in the Sohar Port Industrial Area, estimated to cost $300mn. Liwa is owned 33.4% by the state-owned Oman Oil Company (OOC) and 33.3% each by South Koreas LG International (LGI) and Irans National...