SOHAR Port and Freezone has signed a land lease agreement with MAK Sohar Chemical Industries (FZC) LLC for two projects covering 5.8 hectares of land representing a substantial $11 million investment in SOHAR Freezone.
The first project involves establishing a production facility for engineering polymers, thermoplastic elastomers (TPE), thermoplastic olefins (TPO), special masterbatches, and compounds, with an advanced urea inhibition unit featuring specific coating and packaging capabilities.
The manufacturing facility will source raw materials locally…
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