Sohar Petrochemicals (SOHARPET) has achieved a major milestone with the signing of the Land Lease Agreement (LLA) and Sub-Usufruct Agreement (SUA) for the development of its integrated PTA and PET industrial complex in Sohar.

Under these agreements, SOHARPET has secured approximately 11.9 hectares within SOHAR Port and 53.6 hectares in SOHAR Freezone, supporting a dual-location development model that integrates port infrastructure with manufacturing facilities.

The project will focus on the production of Purified Terephthalic Acid (PTA) and Polyethylene Terephthalate (PET), key raw materials for the packaging industry. With a total investment of around USD 550 million, the project represents a significant step in advancing downstream petrochemical production in Oman.

The facility will utilize paraxylene (PX) supplied by OQ as its primary feedstock, along with additional raw materials such as MEG and acetic acid imported via SOHAR Port. The integrated setup is designed to enhance supply chain efficiency through pipeline-based logistics and optimized material handling.

This milestone marks an important step in the implementation of the project and reinforces SOHARPET’s role in supporting industrial development in Sohar.

Source: LinkedIn announcement by SOHAR Port and Freezone

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