© [2022] — www.dpic.om

Company

We are prude to introduce “Duqum Petrochemical Industry Company LLC (DPIC)” as a project company to do establish a Methanol Petrochemical Complexes located in the Sultanate of Oman. DPIC is established with participation of Five Continent Business LLC Company and Overseas Oil & Gas Overseas Company as main shareholders located in Sultanate of Oman.

 

The main projects for investment are:

  • Methanol Plant
  • MTO (Methanol to Olefin) plant

The goals and business road map of DPIC have been determined based on the following conditions:

  • Increasing in demand for petrochemical products and international growing high potential markets
  • Available and reliable sources of oil and gas in Middle East origin
  • Creation of significant added value in converting gas to petrochemical products
  • Supplying part of shareholders’ requirements for petrochemical products in established production lines

Profile

DPIC is established in order to achieve the following goals:
  • Development and completion of parts of the petrochemical products value chain,
  • Supplying part of shareholders’ requirements for petrochemical products and
  • Expansion of commercial activities in petrochemical and polymer industries through producing valuable products
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Aspirations & Values

Knowledge Development
  • Training and continuous development of the company’s employees on an international scale
  • Development of the company’s scientific and technical capabilities in accordance with an international scale

 

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Growth Milestones

Sep 28
Sep 13
Aug 30
Dec 29
Apr 08
Jun 16
Jan 31
Aug 26
Jun 15
Feb 02
Starting Negotiate …

Starting Negotiate with Financiers to provide finance

Contract Signing …

Contract Signing with AXENS Co. to do and prepare the feasibility study of Methanol petrochemical Complex

Negotiate …

Negotiate with Hyundai Group to consign the EPC+F contract of Methanol petrochemical Complex and signing MOU

Establishment …

Establishment of DPIC with participation of Five Continent Business LLC and Overseas Oil& Gas Co. December 06, 2021

Renewing …

Renewing the license to establish a crude oil refinery in the Duqum Special Economic Zone Date: April 08, 2021

Registration …

Registration and Establishment of Five Continent Business LLC as an investment Company in Sultanate of OMAN Year: 2020

Registration ….

Registration and getting the license to establish Refinery and `Petro chemical Complex in Duqum Special Economic Zone January 31, 2020

Holding …

Registration of the Company as an Industrial Holding with 10 full automation Production lines in Polymer field Year: 2010

Registration and Establishment ….

Registration and Establishment of Overseas Oil & Gas Company in Sultanate of OMAN Year: 2010

Registration …

Registration of the Company as an Industrial Holding with 10 full automation production lines in Polymer field Year: 2010

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Board and Leadership Team

Knowledge Development
  • Training and continuous development of the company’s employees on an international scale
  • Development of the company’s scientific and technical capabilities in accordance with an international scale

 

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Meet the team

Mr. VAHID MORADI MOTLAGH
Founder / Member of the Board / CEO

With more than 22 Years Experiences in:
– Industries Goods production
– Petrochemical and Polymer products production
– Trading and Commercial Activities
– Investment

Mr. KHALFAN AL RIYAMI
Founder / Member of the Board

With More than 30 Years Experiences in:
– Oil products Trading
– Refinery and Petrochemical Projects
– General Trading and Commercial Activities
– Investment

© [2022] — dpic.om