Refining & Petrochemicals Middle East
Liwa Plastic Industries Complex starts operating from 20 December 2021
OQ has announced that the operations at its Liwa Plastic Industries Complex,(lpic) which have been developed with an investment of more than $7 billion, will start from December 20, 2021.
Liwa Plastic Project is being developed as a part of the government’s plans to diversify income sources and also to boost manufacturing industries.
The successful implementation of the Liwas project demonstrates the Omani government’s efforts to diversify revenue sources, support local manufacturing opportunities, and most importantly, add value to the country’s natural resources by opening up avenues for investments in downstream petrochemical industries. The project is likely to boost the country’s industrial sector output through the annual production of 838,000 tons of polyethylene – a raw material used in nearly 40 per cent of plastics-based products and commodities produced globally, and about 215,000 tons of polypropylene, the company said in a statement.
The overall project has been designed and constructed in line with international best practices and standards and is comparable with petrochemical projects in its class anywhere in the world.
LPIC consists of four EPCS, of which the second, third and fourth EPCS have been launched, while the first EPC (Steam Cracker) is at commercial commissioning. This phased launch is in line with the delivery programme prepared by project management teams to enable the overall complex to reach the full production capacity by the first quarter of 2022.
Kamel Bakheet Al Shanfari, Acting CEO OQ Downstream, said, “Liwa Plastics Industries
Complex (LPIC) is the biggest of OQ Group’s current investment with the potential to position OQ as a major global petrochemicals producer.
“When fully operational, Liwa Plastics will contribute to a significant increase in OQ’S portfolio of petrochemicals and associated chemical commodities. This includes a momentous increase in its polymer output, which will be targeted at local and global markets.”