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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 | 9.78 | -0.26 (-2.59 |
| IQCD | 12.30 | 0.30 (2.50 |
| MODON | 3.33 | -0.09 (-2.64 |
| ADNOCLS | 5.53 | -0.03 (-0.54 |
| ADPORTS | 4.41 | -0.15 (-3.29 |
20/11/2025
The UAE Ministry of Finance signed its second agreement under the Retail Sukuk initiative, partnering now with Emirates NBD to give citizens and residents wider digital access to UAE Treasury Bonds a
Gulfnews
20/11/2025
National Bank of Kuwait announces strategic collaboration with AZ eWallet, one of the leading fintech company in Kuwait. The collaboration reflects the bank's ongoing commitment to driving innovation
Kuwait Times
20/11/2025
Aamal Company, one of Qatar's leading diversified companies, has signed a memorandum of understanding (MoU) with Germany-headquartered Niedax Group, a global leader in cable management systems, to es
Gulf Times
20/11/2025
In a landmark achievement reaffirming its digital leadership in the region, QNB, the largest financial institution in the Middle East and Africa, has been awarded the prestigious "Digital Transformat
The Peninsula
20/11/2025
Saudi Aramco, one of the world's leading integrated energy and chemicals companies, announced on Wednesday 17 Memoranda of Understanding (MoUs) and agreements with a potential total value of more tha
Asharq Al Awsat
Financial Information Co.
Saudi Arabia