Qapco plans petrochem expansions

03-Mar-06

Qatar Petrochemical Company (Qapco), a joint venture between Industries Qatar Co (80%) and Total Petrochemicals(20%) has planned petrochem expansions. The expansion projects include : A US$220 million Ethylene Expansion Project (EP2 Project), scheduled to be completed by Q2 2007 Qatofin, a joint venture signed by Qapco (63%), Total Petrochemicals, (36%), and QP (1 %) to establish a linear low density polyethylene plant expected to start in 2008. Production is to be mainly exported to Asia and Europe. Expansion of annual ethylene production capacity to 700,000 tons Qapco is also building one of the world's largest ethane cracker plants at Ras Laffan Ethane - a joint venture among Q-chem (53.31%), Qatofin (Qapco and Total Petrochemicals jointly owning 45.69%), and QP (1%). Production will start next year.