BF Industries inks MoU with Oman Oil Company

JBF Industries Ltd has signed an MoU with Oman Oil Company, a part of Oman Refinery owned by Government of Oman to set up 1.2 mtpa purified terephthalic acid (PTA) plant in Oman at an investment of about $680 mn. Oman Oil Company will supply paraxylene to the plant, which will be used as raw material. The project will be co-located in the premises of Oman Aromatics to enable transportation of paraxylene to the PTA plant by dedicated pipeline. Contact: JBF Industries Ltd. Tel: 022-2288 5959. Fax: 022-2288 6393. E-mail: JBF@vsnl.com Website: www.jbfindia.com