# CPChem and QatarEnergy take FID on $6B Ras Laffan petrochemical complex

QatarEnergy and Chevron Phillips Chemical have taken final investment decision to build the Ras Laffan petrochemical project in Ras Laffan City, Qatar, with a $6 billion investment. The complex will include an ethane cracker producing 2.08 million tpy of ethylene and an HDPE plant with 1.68 million tpy capacity.

- Type: Investment
- Announced: 2023-01-08
- Where: Ras Laffan Industrial City, Qatar, Qatar
- Value: $6.00B
- Status: announced
- Capacity: 2.08 million tpy ethylene, 1.68 million tpy HDPE
- Products: ethylene, high-density polyethylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [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

- [ogj.com](https://www.ogj.com/refining-processing/petrochemicals/article/14287982/cpchem-qatarenergy-take-fid-ink-contracts-for-qatari-chemical-complex), 2023-01-09: "As part of the FID signed on Jan. 8, CPChem and QatarEnergy will invest a combined $6 billion for construction of the integrated olefins and polyethylene complex."

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