Wednesday, February 27, 2008

US$210 mln to be invested in Oman's first PET project

Plans are firming up for development of Oman's first-ever PET project at an investment of around US$210 mln. Promoters have secured land for the venture within the Port of Sohar and could potentially source feedstock requirements for the 140,000 tons PET project from Aromatics Oman's world-scale plant presently under construction within the industrial port.

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