Oman Gears Up for $20 Billion in Chemical Projects Over Three Years

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Researched by Industrial Info Resources (Sugar Land, Texas)--Oman is investing heavily in its Chemical Processing Industry to manufacture new and diversified products. It is expected to see nearly US$20 billion worth of related projects begin construction over the next three years, including grassroot, unit-addition and expansion projects.

The top companies for investments are OQ (Muscat, Oman) with US$11.33 billion worth of projects; Copenhagen Infrastructure Partners (Denmark) with US$3.1 billion; and BP plc (NYSE:BP) (London, England) with US$2 billion.

Industrial Info is tracking 38 active projects, totaling nearly US$20 billion of investment value, across Oman's Chemical Processing Industry that are expected to kick off over the next three years. Most of these are grassroot projects for green hydrogen and green ammonia.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project and Plant databases can click here for a list of detailed project reports, and click here for a list of related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).