Middle East Economic Survey
VOL. LIII
No 7
15-Feb-2010
OMAN
Indias JBF Signs MOU For Oman PTA Plant
Indian petrochemicals manufacturer JBF Industries has signed a memorandum of understanding (MOU) with state-owned Oman Oil Company (OOC) to build a $680mn joint venture terephthalic acid (PTA) plant. The facility will be built at Sohar on the site of Aromatics Oman (AOL), a joint venture between OOC, Oman Refinery and Petrochemicals Company (ORPC) and LG International. The new plant will have a...
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