Libya's Ras Lanuf polyethylene factory resumes production after being shut since 2013 - NOC ... - The Libyan Report

Libya's Ras Lanuf polyethylene factory resumes production after being shut since 2013 - NOC ...

Oct 9 (Reuters) - Libya’s Ras Lanuf oil and gas company a subsidiary of the National Oil Corporation (NOC) announced on Wednesday the resumption of production that had been shut down since 2013 at the polyethylene factory, according to a statement by NOC.

The Ras Lanuf polyethylene factory is expected to have a production capacity of 160,000 tons per year, the statement added.

Ras Lanuf aims at exporting 60 percent of production at the long term, also the second PE line is expected to operate by May 2020, according to the statement. (Reporting by Alaa Swilam) source