QatarEnergy and Chevron Phillips Chemical Company LLC have announced they will construct a $6 billion (€5.6 billion) integrated polymers complex in Ras Laffan Industrial City, Qatar.
The companies created a joint venture, Ras Laffan Petrochemicals, in which QatarEnergy owns a 70% share and Chevron Phillips Chemicals owns 30%.
The 435-acre project will include a 2,080KTA of ethylene capacity ethane cracker, making it the largest ethane cracker in the Middle East and one of the largest in the world.
It will also include two high-density polyethylene derivative units with a total capacity of 1,680KTA.
Chevron Phillips Chemical will provide project management services, and start-up is expected in late 2026.
The polyethylene units will use Chevron Phillips Chemicals’ MarTech loop slurry process to produce high-density polyethylene, which will primarily be deported from Qatar.
The facility will include energy-saving technology and use for ethane feedstock which, along with other measures, aims to result in lower greenhouse emissions than similar global facilities.
