Tuesday, February 14, 2012

Qatar Petroleum, Qapco ink agreement for US$5.5 bln stream cracker petrochem complex by 2018

Qatar Petroleum and Qapco have signed a heads of agreement (HoA) for a 80:20 joint venture, which will produce 1.4 mln tpa of ethylene, 850,000 tpa of high-density polyethylene (HDPE), 760,000 tpa of polypropylene, 430,000 tpa of linear low-density polyethylene, 125,000 tpa of pyrolysis gasoline and 83,000 tpa of butadiene.

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