Oman Daily Observer

Orpic finalises FEED of Liwa Plastics Industries Complex

- STAFF REPORTER MUSCAT

April 28: Oman Oil Refineries and Petroleum Industries Company (Orpic) has finalised a major milestone of its Liwa Plastics Industries Complex: the deliverabl­e of the Front-End Engineerin­g Design (FEED) with details of costs and layouts of the future operations.

The $ 3.6 billion project will enable Oman, for the first time, to produce polyethyle­ne, a form of plastic that rates highest in terms of global demand and is used in many products that are part of our daily routine.

Developed by Orpic, in partnershi­p with Chicago Bridge and Iron Company (CB&I), the FEED is now ready to be submitted to the companies that were pre-qualified to participat­e in the Engineerin­g, Procuremen­t and Constructi­on (EPC) tender process. The awards of the EPC packages are expected to be made in the last quarter of 2015.

“The Liwa Plastics Industries Complex will put Oman in the roadmap of the internatio­nal petrochemi­cals marketplac­e, reinforcin­g Orpic’s position as a significan­t player. The market for plastics is growing globally and the project will firmly contribute to the developmen­t of a downstream industry that is substantia­l for the diversific­ation of the Omani economy. Our teams worked hard and dedicated to deliver the FEED within 12 months, which is a challenge considerin­g the size and scope of our project,” said Musab al Mahruqi, CEO of Orpic.

Operating in full speed and line with its schedule, the project in is composed by a 859KTA Steam Cracker, 880KTA Polymer Units, a Natural Gas Liquids (NGL) Extraction Unit and a 300-km-long NGL Pipeline from Fahud to Sohar. After LPIC, the plastic production in the Sultanate will increase by 1 million tonnes, giving Orpic a total of 1.4 million tonnes of polyethyle­ne and polypropyl­ene production by 2018. The main objective is to further increase the value that can be derived from Omani crude oil and natural gas, and subsequent­ly improve Orpic’s product mix and business model.

The Liwa Plastics Industries Complex will put Oman in the roadmap of the internatio­nal petrochemi­cals marketplac­e, reinforcin­g Orpic’s position as a significan­t player MUSAB AL MAHRUQI

CEO OF ORPIC

 ??  ??

Newspapers in English

Newspapers from Oman