13 December 2013 07:56 [Source: ICIS news]
TOKYO (ICIS)--Qatar Petroleum and Japanese firms Zeon Corp and Mitsui & Co plan to develop an integrated butadiene and elastomer complex in Ras Laffan.
The three companies have signed a memorandum of understanding (MoU) on building the complex, which is expected to come on stream in 2018, a spokesperson from Japanese chemical producer Zeon Corp said on Friday.
Financial details of the project were not disclosed.
A feasibility study will be conducted to evaluate the technical, commercial and economic aspects of the world-scale project, the Zeon spoksperson said.
Feedstock for the proposed elastomer complex will come from the two crackers under construction and are due to start up in 2018, and one existing cracker being operated by Ras Laffan Olefin Co, he said.
These are the 1.3m tonne/year naphtha cracker at the Al-Sejeel petrochemical complex, and the 1.4m tonne/year cracker at the Al-Karaana petrochemical complex.
Ras Laffan Olefin’s cracker has a 1.3m tonne/year capacity.
Details of the project such as capacity and equity structure are still being hammered out, the Zeon spokesperson said.
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