Ras Laffan Petrochemicals, a joint venture company owned 30% by Chevron Phillips Chemical and 70% by QatarEnergy, today announced
Gates Foundation to Accelerate mRNA Vaccine Innovation and Manufacturing in Africa…Chevron Phillips Chemical
The project financing comprises commercial and Islamic lenders and a group of export credit agencies. Finalizing the financing is a key milestone in the development of the 435-acre petrochemical project, which will include the largest ethane cracker in the Middle East and one of the largest in the world. The facility will have a capacity of 2.1 million metric tons per year of ethylene and will also include two high-density polyethylene derivative units with a total annual capacity of 1.7 million metric tons.
CPChem and QatarEnergy reached positive final investment decision for the Ras Laffan Petrochemicals project in January 2023, and startup of the facility is expected in late 2026.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bad news for the Springboks as Dupont clearedFrance have labelled a prospective quarter-final clash with the Springboks as 'another World Cup Final'.
Read more »
Palacios: Bafana must reach AFCON FinalPalacios: Bafana must reach AFCON Final
Read more »
Boks to spring surprise in quarter-final?Deon Davids hinted that the Springboks are holding an ace up their sleeve to outsmart France in Sunday's World Cup quarter-final.
Read more »