As the conflict continues and Libya's economy struggles, the reopening of a plastic manufacturing plant in Ras Lanuf provides an economic boost and some hope.
Libya's economy is largely dependent on energy resources, which due to the ongoing conflict and lack of investment in infrastructure, is struggling to maintain production. However, beyond energy, there are few bright spots in the economy.
The plastic manufacturer, operated by RASCO - Ras Lanuf Oil and Gas Processing Company, is a NOC subsidiary. It had been shut down for the past 8 years due to the fighting. The port was blockaded throughout the fighting, and attacked by ISIS fighters. According to Reuters, it reopened in October at a production capacity of 80,000 tonnes per year, with plans to double the output in coming years.