Libya’s Ras Lanuf Oil and Gas Processing Company (RASCO) has restarted production from its polyethylene factory, which had been shut in 2013, Pipeline Oil and Gas News reported.
The plant began production on October 8 after it was repaired extensively, producing initial output of around 240 tonnes per day, equivalent to 80,000 tonnes a year.
The production capacity of the plant is expected to generate 160,000 tons per year and to export 60% of its production in the long term. A second production line is expected to be in operation by May 2020, while other expansion plans include restarting the ethylene plant.
“The restoration of the Ras Lanuf petrochemical complex is an important step to strengthen the local economy and promote the national economy,” NOC chairman Eng. Mustafa Sanallah said, adding that “this complex is the largest industrial zone in Libya, and is the most important project for subsequent industries (refining and manufacturing) for the National Oil Corporation.”
