State-owned Qatar Petroleum and ExxonMobil Chemical Qatar, a subsidiary of ExxonMobil Corp., have signed a deal to conduct a study to build a US$3 billion petrochemical complex in the Ras Laffan Industrial City. The complex, proposed with capacity to produce 1.3 million tpa ethylene, 570,000 tpa low-density polyethylene and 420,000 tpa polyethylene, will enable Qatar to gain strength in the petrochem sector and be a step in the direction for it to become world leader.
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