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2009 June 1   12:38

Oman to establish first bitumen refinery in the Gulf

Port of Sohar and Mashael Group of Companies signed a $200 million agreement for the construction of the first specialised bitumen refinery (called Sohar Bitumen Refinery) in the Gulf, Times of Oman reported.
The bitumen refinery is set to break ground by the end of this year in the Port of Sohar area and be completed by 2012. The Sohar Bitumen Refinery will target the niche bitumen market. The plant will utilize the latest technologies to provide a one-stop bitumen supply center with a capacity of 30,000 barrels per day, producing up to one million tonnes of bitumen a year where about 20 percent of the production is prioritized for the Omani market.
The industrial Port of Sohar, a 50:50 joint venture between the Government of the Sultanate of Oman and the Port of Rotterdam, is managed by SIPC. With current investments exceeding $12 billion, Port of Sohar is one of the world's largest port development projects. Sohar houses three clusters: logistics, petrochemicals and metals.
Some of world's leading companies such as Air Liquide, Alcan, Hutchison Port Holdings, Larsen & Toubro, LG, MAN Ferrostaal, Methanol Holding International, Odfjell, Oiltanking, Shadeed Iron & Steel, Steinweg and Suez have already made Sohar their preferred port of call.





 


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