# CP Chem and QatarEnergy reach FID on $8.5B polymers facility in Orange, Texas

Chevron Phillips Chemical and QatarEnergy have reached final investment decision on their $8.5 billion Golden Triangle Polymers joint venture in Orange, Texas. The project includes a 2.08m tonne/year ethane cracker and two 1m-tonne/year HDPE units, expected to be operational in 2026.

- Type: New facility
- Announced: 2021-11-28
- Where: Orange, Texas, United States
- Value: $8.50B
- Starts operating: 2026
- Status: under construction
- Capacity: 2.08m tonnes/year ethane cracker, 2m tonnes/year HDPE
- Products: ethylene, high-density polyethylene (HDPE)
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Chevron Phillips Chemical](https://endata.com/companies/9058.md) (partner)
- [QatarEnergy](https://endata.com/companies/30677.md) (partner)

## Sources

- [icis.com](https://www.icis.com/explore/resources/news/2022/11/16/10826342/cp-chem-qatarenergy-reach-fid-on-integrated-polymers-facility-on-us-gulf-coast/), 2021-11-28: "Chevron Phillips Chemical (CP Chem) and QatarEnergy have reached a final investment decision (FID) to proceed with their $8.5bn integrated polymers project at Orange, Texas"

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