Home / Knowledge / News / Textiles / Saltic begins work on petrochemical plant in Oman
Saltic begins work on petrochemical plant in Oman
18
Feb '13
Saltic LLC FZE has started work for setting up of its world-class caustic soda and ethylene dichloride plant in the Sultanate of Oman.
 
Saltic has an industrial license from the Sultanate of Oman for setting up a petrochemical plant and it has also signed a 25-year lease, with options to extend, for 35 hectares of land with Salalah Free Zone.
 
The company has also recently signed an agreement with Dhofar Power Company for 150 MW of power supply for the project, which is scheduled for completion in early 2015.
 
The project, being set up with an investment of US$ 500 million, will be based on latest Membrane cell technology provided by a Japanese firm.
 
Once completed, the petrochemical complex will have a capacity to produce 1,000 tons of caustic soda and 1,231 tons of ethylene dichloride per day.
 
Caustic soda is used in several industries, including textiles, while ethylene dichloride finds use in textile coating and in technical textiles, along with other industries.
 
The project is expected to generate 400 new employment opportunities and will earn approximately US$ 350 million in foreign exchange for Oman.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Courtesy: London Fashion Week

Fashion | On 22nd Feb 2017

India bags best country award at London Fashion Week

The International Fashion Showcase (IFS) Country Award was given to...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search