# CTCI and Samsung JV awarded EPC contract for Ras Laffan ethylene plant in Qatar

CTCI Corporation, as part of a joint venture with Samsung Engineering, has been awarded Package 1 of the Ras Laffan Petrochemicals Project in Qatar. The package includes building a 2.08 million tons per year ethylene production unit and utilities. The total project cost is $6 billion, with startup anticipated in late 2026.

- Type: Contract
- Announced: 2023-01-09
- Where: Ras Laffan Industrial City, Qatar, Qatar
- Value: $6.00B
- Status: announced
- Capacity: 2.08 million tons per year of ethylene
- Products: ethylene, high-density polyethylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [CTCI Corporation](https://endata.com/companies/1509.md)
- [Samsung Engineering](https://endata.com/companies/977.md) (partner)
- [Chevron Phillips Chemical](https://endata.com/companies/9058.md) (investor)
- [Ras Laffan Petrochemicals](https://endata.com/companies/12474.md) (customer)
- [QatarEnergy](https://endata.com/companies/30677.md) (investor)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/ctci-corporation-receives-epc-project-award-from-ras-laffan-petrochemicals-to-build-one-of-the-worlds-largest-ethylene-plants-301716137.html), 2023-01-09: "We appreciate the trust that Ras Laffan Petrochemicals has placed in us through this monumental opportunity for our team."
- [bahraindailynews.com](https://bahraindailynews.com/ctci-corporation-receives-epc-project-award-from-ras-laffan-petrochemicals-to-build-one-of-the-worlds-largest-ethylene-plants/), 2023-01-09: "We appreciate the trust that Ras Laffan Petrochemicals has placed in us through this monumental opportunity for our team."
- [omandailynews.com](https://omandailynews.com/ctci-corporation-receives-epc-project-award-from-ras-laffan-petrochemicals-to-build-one-of-the-worlds-largest-ethylene-plants/), 2023-01-09: "We appreciate the trust that Ras Laffan Petrochemicals has placed in us through this monumental opportunity for our team."

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