Muscat: The continued development of Oman’s Sohar and Salalah as petrochemical hubs has taken another big step with news that Takamul Investment Co, a subsidiary of Oman Oil Co, is planning to set up two large petrochemical projects in the two cities. The front-end engineering and design (FEED) study for both projects is expected to be completed by the end of 2014.
The company will set up an ammonia project in Salalah, in partnership with its parent company, with the aim of further processing chemicals from Salalah Methanol Co into value-added products.
Takamul Investment also plans to set up a large metaxylene/purified isophthalic acid (PIA) plant in Sohar. Metaxylene is the feedstock for the production of PIA, used as feedstock in the polyester industry. [23/01/14]