MOU signed for US$1.5 bln petrochem complex in Trinidad and Tobago

19-Aug-06
The Government of Trinidad and Tobago has signed an MOU with US-based Westlake International Investments Corporation, establishing the framework for the project evaluation of the proposal tabled by Westlake for the construction, operation and ownership of a US$1.5 billion ethane-based, ethylene/polyethylene plant in Trinidad and Tobago. The ethylene complex is expected to trigger development of a whole new range of downstream manufacturing activity in medium and small enterprises.
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