Qatar Petrochemical Company (Qapco) has announced plans to build a new plant at Mesaieed Industrial City at a cost of QR1.2 bln (US$330 mln) to produce 400,000 tpa of ethylene by 2016.
With this Qapco’s installed ethylene production capacity will be hiked from the existing 800,000 tpa to approximately 1.2 mln tpa.
In its final stages of launch, the plant is to start operating within next three years, and will be a joint venture of Qapco, Qatar Petroleum and Total.
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