09/02/2014

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OMAN: Saltic LLC's chlor-alkali & EDC project jeopardized by electricity allocations

Saltic had already awarded Hanwha Engineering & Construction an engineering, procurement and construction contract for the USD 550-million project to produce 1,000 t/d of caustic soda and 1,231 t/d of EDC in Oman's Salalah Free Zone.

OPWP's action "puts into serious doubt the ongoing implementation of the project, which will remain in limbo until a decision is taken to restore the allocation of 150 megawatts (of electricity) earmarked for the project,” said a Saltic executive.

"Saltic has already expended a considerable amount of time, money and resources in advancing the project to this stage. With contracts already in place . . . , as well as supply of raw material and off take of output, among a host of other commitments, including land allocations in Salalah Free Zone and Salalah Port Area, we now find ourselves in a huge quandary,” he added.

Source: Weekly "PetroChemical News", Durham, NC, USA; 1 Sept 2014
(Syed Rashid Ali, Karachi, Pakistan)

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