OQ Helps Oman Expand Chemical Industry

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Researched by Industrial Info Resources (Sugar Land, Texas)--Oman's chemical industry continues increasing its types of projects, focusing on pursuing economic diversification by making huge investments to manufacture new products and significantly enhance the national economy.

Industrial Info is tracking more than $22 billion worth of chemical projects set to kick off in Oman within the next five years.

One of the major investors in Oman's Chemical Industry is OQ (Muscat, Oman), which has more than $10 billion worth of active chemical projects in the country. One of OQ's largest projects in Oman is a planned 1,100-megawatt green hydrogen production facility in Duqm. Phase I construction could begin by 2027, putting the facility on track for a 2029 completion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for more details on the project.

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) 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 over 200,000 current and future projects worth $17.8 trillion (USD).