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Chemical Week Magazine :: Business & Finance :: Europe/Mideast
Oman Restructures Refinery and Petchem Operations under New Name
9:42 AM MDT | June 24, 2011 | â€”NATASHA ALPEROWICZ
Oman has completed a restructuring that combined and integrated the countryâ€™s Oman Refineries and Petrochemicals, Aromatics Oman, and Oman Polypropylene companies under the new name Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat). Orpic is owned by the government of Oman and by Oman Oil, the countryâ€™s energy-investment business. Orpic, which has production at Muscat and Sohar, aims to boost Omanâ€™s refining and petrochemicals industry by improving efficiencies as well as operational and financial performance. The launch under the new name is...
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