VOL. XLV

No 9

4-March-2002

OMAN

LG International/ABB Lummus Global Sign MOU For Polypropylene Project

LG International (LGI) of South Korea and ABBLummus Global on 17 February signed a memorandum of understanding (MOU) with the SoharRefinery Company for the construction of a $180mnpolypropylene (PP) plant adjacent to the proposedoil refinery in Sohar with an annual capacity of 340,000 tons. Constructionwork in the turnkey project will begin in 2003 and be completed in 2006. LGIand ABB Lummus...