Recent news items suggest that Oman is setting up a plant to produce sebacic oil from castor oil.
While new sebacic acid plants in themselves is not such interesting news, it is interesting to see an Oil Economy country going for a renewable oil production.
This news was first reported by CastorOil.in many months back.
In May 2015, Oman Sebacic Company, promoted by India-based Shipra Agrichem Pvt Ltd and Omani businessman Shaikh Hilal bin Khalid al Mawali, signed an agreement with for the development of this one-of-a-kind project at Duqm. Shipra operates a 10,000 metric tonnes per annum capacity sebacic acid plant in Vadodara on India’s west coast.
the plant construction is expected to start in Q1 2016.
Alongside the sebacic acid complex project is a project to cultivate 66,000 acres of castor, under a total buyback agreement by the project promoter, Pradeep Nair.
Interesting indeed. Now sure what the driver was for locating the plant in Oman, if Shipra is already operating a sebacic acid plant in India; perhaps diversifying risk, or perhaps of the investment interest shown by Oman,
What is also interesting is the cultivation of castor, I am not entirely sure if the cultivation is supposed to be happening in Oman (which I doubt). More likely, the cultivation would be in Gujarat and either the castor seeds or castor oil from the cultivated crops would be completely bought by the Omanese company.
Am looking forward to further progress of this venture.