Libya’s Ras Lanuf Oil and Gas Processing Company (RASCO) has resumed production at its polyethylene factory, which had been shut since 2013.
The plant’s first production line began operating late on Tuesday after extensive repairs, with an output of around 240 tonnes per day, equivalent to 80,000 tonnes a year, said RASCO, which is a subsidiary of the state-run National Oil Corporation (NOC).
The plant is expected to have a production capacity of 160,000 tons per year and to export 60 per cent of its production in the long term, the NOC said in a statement. 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.
“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,” he added.