Home / JBF Ind to build $680m petchem plant in Oman

JBF Ind to build $680m petchem plant in Oman

by Kevin Baxter on Feb 3, 2010

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India’s JBF Industries has signed a memorandum of understanding (MoU) with the state-owned Oman Oil Company that will see the two companies build and operate a US$680 million purified terephthalic acid (PTA) plant in Oman.

The joint venture will have a capacity of 1.2 million tonnes per annum of PTA and will use paraxylene produced by the OOC as a feedstock.

The project will be co-located in the premises of Oman Aromatics to enable transportation of the paraxylene to the PTA plant by a dedicated pipeline.

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