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.”

 ?? ??

Newspapers in English

Newspapers from United Arab Emirates