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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 | —NATASHA ALPEROWICZ

Oman has completed a restructuring that combined and integrated the country’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 country’s energy-investment business. Orpic, which has production at Muscat and Sohar, aims to boost Oman’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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