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
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