APIC ‘08: Qapco to double C2 exports in 2009

27 May 2008 09:25  [Source: ICIS news]

SINGAPORE (ICIS news)--Qatar Petrochemical Co (Qapco) plans to double ethylene exports in 2009 after its joint venture cracker in Ras Laffan starts up next April, said a source close to the company on Tuesday.

"Ethylene exports are around 120,000 to 140,000 tonnes/year currently and this will be increased to 300,000 tonnes next year," he told ICIS news at the Asian Petrochemical Industry Conference (APIC).

He added that 60% of Qapco's exports were currently sold to Asia, with the remainder going to Europe.

The Qatofin/Q-Chem cracker project would have an ethylene capacity of 1.3m tonnes/year, which could be later expanded to 1.6m tonnes/year.

Qatofin is owned by Qapco (63%), Total Petrochemicals (36%) and Qatar Petroleum (1%). Q-Chem is a joint venture of Qatar Petroleum and Chevron Phillips Chemical.

Qapco also runs a 720,000 tonne/year cracker at Mesaieed.

ICIS custom publishing and The Chemical Daily have produced an official 84-page special publication on Asian petrochemicals for the APIC event
For more on ethylene visit ICIS chemical intelligence
To discuss issues facing the chemical industry go to ICIS connect

By: Peh Soo Hwee
+65 6780 4359

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly