MUSCAT, JUNE 24 Construction work has commenced on Oman’s newest petrochemicals project at Sohar Port and Freezone — a $550 million venture focused on the production of Purified Terephthalic Acid (PTA) and Polyethylene Terephthalate (PET), essential raw materials for the global packaging industry. Sohar Petrochemicals (SOHARPET) is being established by MAK Germany GmbH, a Hamburg-based […]