Qatar Bets on Plastics in $6 Billion Deal with Chevron Phillips

by Press Room


QatarEnergy has signed a $6 billion deal with Chevron Phillips Chemical to build a petrochemical complex, multiple media outlets reported yesterday. The Ras Laffan Petrochemicals Complex reportedly will be the largest facility of its kind in the Middle East. It is expected to begin production in 2026.

The complex includes an ethane cracker with a capacity of 2.1 million tonnes of ethylene annually, reported Reuters, along with two…



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