Qapco polyethylene plant to launch in Q2, 2012

Qatar Petrochemical Co (Qapco) will start operating its polyethylene 3 plant in the second quarter of next year, it said yesterday, revising a previously expected launch date of end-2011. The estimated total cost of the Polyethylene 3 plant was nearly 2.2bn riyals ($604mn), Qapco general manager Mohamed al-Mulla said in a statement carried by QNA. The plant will increase Qapco’s total production to 720,000 tonnes per year of polyethylene, he said. Al-Mulla had been quoted by QNA as saying in November 2010 that the 310,000-tonne plant was expected to come online by the end of 2011.

http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=475762&version=1&template_id=48&parent_id=28

Article by Links Group on Dec 18th 2011
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