# Metcap Energy and Fusion Dynamics plan $5.2B petrochemical complex in Turkey

Metcap Energy Investments and Qatar's Fusion Dynamics plan to invest $5.2 billion in a natural gas and petrochemical complex in Turkey's Thrace region. The complex will produce 2.6 million tons/year of methanol and 1 million tons/year of olefins, with startup phases beginning in 2020.

- Type: Investment
- Announced: 2018-04-09
- Where: Thrace region, Türkiye
- Value: $5.20B
- Starts operating: 2020
- Status: announced
- Capacity: 2.6 million tons/year methanol, 1 million tons/year olefins, 1 million tons/year PP and PE
- Products: methanol, olefins, polypropylene, polyethylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Metcap Petrochemicals](https://endata.com/companies/31196.md)
- [Metcap Energy Investments](https://endata.com/companies/31194.md) (partner)
- [Fusion Dynamics](https://endata.com/companies/31195.md) (partner)

## Sources

- [chemorbis.com](https://www.chemorbis.com/en/plastics-news/Metcap-Energy-Fusion-Dynamics-to-build-new-petchem-complex-in-Turkey/2018/04/09/719082), 2018-04-08: "Turkey’s Metcap Energy Investments and Qatar’s Fusion Dynamics are planning to invest a total of $5.2 billion in a brand new natural gas and petrochemical complex in Turkey in a 50-50 percent joint venture."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
