Middle East Economic Survey

VOL. XLVII

No 30

26-July-2004

OMAN

Dow In Sohar Petrochemical Project Joint Venture

The Dow Chemical Company announced on 20 July that it had agreed to form a joint venture with the Oman government and Oman Oil Company (OOC) that will design, build and operate a petrochemical complex in Sohar Industrial Port Area. Dow will own 50% of the venture, with the Oman government and OOC each holding 25%. Dow said the petrochemical complex will comprise feedstock production...