Working on a target to develop a full-fledged petrochemical and chemical industry in Qatar that fully integrates the upstream production of basic intermediates with the processing industry, QP has planned future investments in the petrochemical and chemical industry to the tune of over US$5bln. Qatar Petroleum (QP)'s recent investments in the petrochem sector include a US$2bln outlay in a world-scale cracker plant in Ras Laffan and derivative units in Mesaieed with the Q-Chem II and Qatofin.
Qatar's current polyethylene production exceeds 1 million tpa and, with the emphasis on future expansions, is expected to double to 2 mln tpa. The country is encouraging the private sector to actively develop the plastics compounding and processing sector, where smaller projects can cater to niche markets.
07-Dec-05 
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