◂ Announcements

Oct 9, 2023INVESTMENTRas Laffan Industrial City, Qatar, Qatar

CPChem and QatarEnergy secure $4.4 billion financing for Ras Laffan petrochemical project

Ras Laffan Petrochemicals, a joint venture of Chevron Phillips Chemical (30%) and QatarEnergy (70%), secured $4.4 billion in financing for an integrated polymers facility in Ras Laffan, Qatar, with startup expected in late 2026.

Value

$4.40B

Starts operating

Q4 2026

Status

Announced

Capacity

2.1 million metric tons per year of ethylene and 1.7 million metric tons per year of high-density polyethylene

Productsethylenehigh-density polyethylene

CompaniesRas Laffan Petrochemicals Chevron Phillips Chemical investor QatarEnergy investor

Sectors#Plastics and Polymers #Specialty Chemicals

“Ras Laffan Petrochemicals, a joint venture company owned 30% by Chevron Phillips Chemical and 70% by QatarEnergy, today announced that it has secured $4.4 billion to finance an integrated polymers facility to be located in Ras Laffan Industrial City, Qatar.”investor.wedbush.com

1 source
investor.wedbush.comCPChem, QatarEnergy finalize financing on Ras Laffan, Qatar, petrochemicals projectChevron Phillips ChemicalOct 9, 2023

Summarized from public sources; check the original articles before acting on it.

More from Ras Laffan Petrochemicals

profile ▸

Loading…