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14/11/2013 09:23 AST
Oman Chlorine is setting up a $70 million chlorine-alkali plant in Abu Dhabi to cater to the oil and gas sector in the Gulf, its managing director said here yesterday.
Union Chlorine, a joint venture between Oman Chlorine and Abu Dhabi-based private firm Horizon Energy, would produce 70 tonnes per day of caustic soda, hydrochloric acid and sodium hypochlorite. The plant would begin commercial production in the third quarter of 2015.
"It is the natural second step for the company to expand outside Oman. There is a lot of drilling activity going on in the region," Walid Azhari told reporters. He did not detail how the project would be financed.
Muscat-listed Oman Chlorine, set up in 2000, at present caters mainly to its domestic market. It produces 45 tonnes per day of caustic soda and acids, and also has a joint venture in Qatar called Gulf Chlorine.
Agencies
22/01/2014
Oman Chlorine management is pleased to announce the stand alone unaudited financial result for the year 2013.
The company posted profit before tax of RO 3,710K during 2013 as compared to
Press Release
12/01/2014
Oman Chlorine SAOG is pleased to announce that its sister company in the State of Qatar, Gulf Chlorine WLL (51% owned by Oman Chlorine SAOG) has signed a contract with a leading specialized internati
Press Release
10/10/2013
Oman Chlorine management is pleased to announce the unaudited preliminary financial result for the nine months period ended September 30, 2013.
The company posted profit before tax of RO
Press Release
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 10.24 | -0.06 (-0.59 |
| IQCD | 12.30 | 0.30 (2.50 |
| MODON | 3.64 | 0.03 (0.83 |
| ADNOCLS | 5.73 | 0.07 (1.23 |
| ADPORTS | 4.20 | 0.02 (0.47 |
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