HSBC has been appointed as the mandated lead arranger and financial advisor for the US$1.2bln Qatofin project, reinforcing HSBC's leading edge as the World's No 1 Financial Advisor for Project Finance Transactions. The Qatofin project, developed as a joint venture between Qatar Petrochemicals Company Limited (Qapco), Total Petrochemicals France and Qatar Petroleum (QP), will produce Linear Low Density Polyethylene (LLDPE), at Mesaieed, for export mainly to Asia and Europe.
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