The Liwa Plastics Industries Complex (LPIC) will put Oman on the map in the international petrochemicals marketplace, reinforcing Oman Oil & Orpic Group’s position as a significant player. McDermott is proudly completing its part of this world-scale project on schedule and at the estimated cost with a major achievement in man-hours without lost-time injury
According to APICORP 2019 Outlook, MENA investments in the petrochemical sector continue to rise, with total investments marking over $123bn, which includes $33bn for projects currently under execution
Orpic, through its polymer division is endeavouring to double the company’s profit, create new business opportunities, generate significant employment, and support the development of a downstream plastic industry in Oman.
Orpic announced that the country's most anticipated transformational project Liwa Plastics Industries Complex (LPIC) is currently underway and has already achieved more than 67% of project completion across its four EPCs.