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FINANCIAL NEWS
Steam cracker plant in Sohar, Oman
24 Jul 2013
(MENAFN) Oman intends to start receiving bids next month for the construction of USD3.5 billion steam cracker plant. The plant is expected to produce 1 million tons of petrochemical products annually, reported Saudi Gazette.
The plant will be constructed in the city of Sohar to produce polypropylene and polyethylene required for producing plastic.
The construction will also include office buildings, a gas extraction plant and a 300 kilometer long pipeline.
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