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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
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Company Profile
Oman Chlorine SAOG is an Oman-based company engaged in the manufacture and sale of industrial chemicals mainly Hydrochloric Acid and Caustic Soda Liquid, Sodium Hypochlorite and to a lesser extent, Caustic Flakes. Hydrochloric acid is supplied mostly to oil drilling and exploration companies, while caustic soda is used in various industries, such as detergents, power and desalination plants. During 2011, the Company produced 32,080 metric ton (MT) hydrochloric acid, 21,417 MT caustic soda flakes, 10,149 MT sodium hypochlorite and 272 MT Calcium Chloride. In December 2011, the Company commissioned its calcium chloride plant. As of December 31, 2011, the Company’s main shareholders included Oman National Investment SAOG, Oman International Oil Services & Energy and Fincorp Investment Company, among others.
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