Qatar Petroleum Plans $2 Billion Petrochemicals Project

Posted on: Thursday, 6 November 2008, 09:00 CST State-owned Qatar Petroleum is planning to establish a $2 billion petrochemicals project in partnership with its subsidiary Qatar Petrochemical Company, France-based Atofina Chemicals and the Chevron Philips Chemical Company, Emirates Business has reported. One half of the proposed project will be constructed in the Ras Laffan Industrial City while the remaining half will be built in the Mesaieed Industrial Area. Hamad Al Mohannadi,... [read full story]