PORT OF SALALAH WELCOMES MAIDEN VESSEL CALL FOR OCTAL PETROCHEMICALS
2009-01-06
SALALAH. MT YANASENI a 114 meters bulk carrier made its maiden call at Port of Salalah delivering 2000 MT of liquid MEG (Mono Ethylene Glycol) to OCTAL Petrochemicals. The MEG will be used to manufacture PET (polyethylene terephthalate) and sheet manufacturing at OCATAL’s new plant at the Salalah Free Zone. Octal Petrochemicals’ production plant was built at an initial cost of US$300 million. Total investment is set to rise to as much as US$1.2 billion upon completion with net exports expected to reach US$1.1 billion by 2011. Currently Octal is investing $50 million in the first liquid chemicals terminal in Salalah. Two 5,000 MT stainless steel tanks will be built at the port and will be used to hold MEG deliveries before it is transported 1.6 km through an underground pipeline to OCTAL’s main processing plant.
Ali Shamas, General Manager of the Port of Salalah General Cargo Terminal said: “I am delighted to welcome the first MEG vessel to Salalah. The commitment that OCTAL Petrochemicals has shown to the port and the region with their facilities only serves to demonstrate that Salalah’s excellent geographical location is well suited to grow all types of industry and cargo types well into the future.”
George Freiji, ………….said; “I would like to congratulate everyone involved from SGS, GAC, Port of Salalah and Octal for all their efforts that lead to a flawlessly executed job. Hopefully, this first milestone will only strengthen the cooperation and partnership between our organizations”
Octal Background:
Octal Petrochemicals was established in 2006 as the first company in the Salalah Free Zone and is rapidly becoming the world’s largest producer of PET sheet and the Middle East’s largest producer of PET resins. With state-of-the-art manufacturing based in the Salalah Free Zone, Oman, Octal has sales and customer support facilities in the United States, Europe and Asia
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www.octal.com
Port of Salalah
Background
The Port of Salalah is Oman’s leading and busiest port. In 2007 we handled 2.6 million containers and 2.7 million tonnes of bulk and general cargo. Our ongoing development and expansion of the port will double the port’s capacity over the next four years.
For further information about the Port of Salalah:
info@salalahport.com
www.portofsalalah.com