Qatar Energy, Chevron Phillips Chemical to Develop Mega Polymers Complex in Qatar

6 Billion-Dollar Project Qatar Energy, Chevron Phillips Chemical to Develop Mega Polymers Complex in Qatar

2024-02-21 Source: Press release Chevron Phillips Chemical 2 min Reading Time

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Qatar Energy and Chevron Phillips Chemical recently held a groundbreaking ceremony to develop a 6 billion-dollar integrated polymers complex in Ras Laffan Industrial City, Qatar. The project is expected to include the largest ethane cracker in the Middle East and one of the largest in the world.

Qatar Energy and Chevron Phillips Chemical recently celebrated the commencement of construction of a 6 billion-dollar integrated polymers complex in Ras Laffan Industrial City, Qatar(Source: Chevron Phillips Chemical) — Qatar Energy and Chevron Phillips Chemical recently celebrated the commencement of construction of a 6 billion-dollar integrated polymers complex in Ras Laffan Industrial City, Qatar
(Source: Chevron Phillips Chemical)

Doha/Qatar – Qatar Energy and Chevron Phillips Chemical recently celebrated the commencement of construction of a 6 billion-dollar integrated polymers complex in Ras Laffan Industrial City, Qatar.

During the groundbreaking event, His Highness the Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani laid a ceremonial foundation stone. Executives from Qatar Energy, CP Chem and its owner companies, Chevron U.S.A. and Phillips 66 Company, attended the ceremony.

The 435-acre project site will include an ethane cracker with a capacity of 2,080 KTA of ethylene, making it the largest ethane cracker in the Middle East and one of the largest in the world. It will also include two high-density polyethylene derivative units with a total capacity of 1,680 KTA.

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“This project advances CP Chem’s long-held strategy to expand its operations in regions where feedstock is reliable and abundant and will help meet the global demand for polyethylene products," President and CEO Bruce Chinn said. “CP Chem and Qatar Energy have a long history of safely building and operating petrochemical facilities, and this celebration represents the next step toward bringing these world-scale assets into our successful portfolio here in Qatar.”

The facility is designed to use modern, energy-saving technology, which along with other measures, is expected to result in lower greenhouse gas emissions intensity than similar global facilities.

The polyethylene units will use CP Chem’s Martech loop slurry process to produce high-density polyethylene, which will be primarily targeted for export from the state of Qatar.

The project is being developed by a joint venture company owned 30 % by CP Chem and 70 % by Qatar Energy. CP Chem is providing project management services to oversee the engineering, procurement and construction of the facility. Site preparation began in June 2022, and startup is expected in late 2026.

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