Oman's Orpic finishes USD 3.8bn funding for Liwa Industries


(MENAFN) Oman Oil Refineries and Petroleum Industries Co. (Orpic) proclaimed the finalization of Liwa Plastic Industries project by USD 3.8bn.

Moreover, Orpic's LPIC project is part of its long-term growth plan to enter into the petrochemical market, which is the largest ever project financing transaction.

The firm completed the financing of LPIC on a faster timetable, which was designed to coincide with the scheduled commencement of works on the project.

Orpic's Liwa Plastics Industries Project will move Orpic's product mix and business model double Co. profit and create new business chances.


MENAFN

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