Qatar Petroleum (QP) and Qatar Petrochemicals Corporation (Qapco) have agreed to proceed with the $5.5 billion petrochemical complex in Ras Laffan, Qatar.
The project will be owned by 80% by QP, 20% by Qapco, and will have a capacity of:
– 1.4 million t/y ethylene
– 850 000 t/y high density polyethylene (HDPE)
– 430 000 t/y Linear low density polyethylene (LLDPE)
– 760 000 t/y polypropylene (PP)
– 83 000 t/y butadiene (BU)
The project should run into operation in 2018.
