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QatarEnergy and Chevron Phillips Chemical announced the final investment decision to build the Ras Laffan Petrochemicals complex, a $6 billion integrated olefins and polyethylene facility at Ras Laffan Industrial City. QatarEnergy will own 70% and CPChem 30%. The complex includes an ethane cracker with capacity of 2.1 million tons of ethylene per year and two polyethylene trains with combined output of 1.7 million tons per year.
“QatarEnergy has announced the final investment decision (FID) with Chevron Phillips Chemical Company (CPChem) to build the Ras Laffan Petrochemicals complex, a $6 billion integrated olefins and polyethylene facility.”tradearabia.com
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