The Qatar Petrochemical Company (Qapco) has planned an investment outlay to the tune of US$ 2 bln in several projects in the next four years as part of its overall development plan to explore new markets. Qapco is currently in the process of expanding annual ethylene production capacity to 1.3 million tons from the current 500,000 tons and polyethylene capacity of 1.2 million tons. Qapco plans to market its products in the so far untapped South American market. Currently, Qapco is present in 75 countries in Asia, the Middle East and Europe and is exploring the Southern and Northern American markets where it expects to introduce new products.
24-Apr-06 
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