OQ Group Signs $598M Agreements for Downstream Manufacturing in Oman
AMMONIA
OQ Group has signed agreements totaling over RO230 million ($598 million) with Germany's MAK and India's Deepak to bolster downstream manufacturing in Oman. The projects include a plant for Purified Terephthalic Acid and Polyethylene Terephthalate in Sohar and a facility for sodium nitrite and sodium nitrate in Salalah, aimed at enhancing local industrial value chains. Sohar Port will support these initiatives by integrating regulatory and operational frameworks.

Jan 28, 2026, 5:59 PM