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Annual Report
opportunities, plus more than 100,000 indirect ones.
2-2 Qatar
Earlier 2012, Qatar announced a plan for investing $25 billion
to develop its domestic petrochemical industry. The expansion will
more than double its current petrochemical production, to 23 million
tons/year from 9.2 million tons/year by 2020.
One Qatari project listed in the plan encompasses a partnership
with Royal Dutch Shell to establish a petrochemicals complex in
Ras Laffan Industrial City. The $6.4 billion project includes a steam
cracker fed by Qatar’s natural gas projects and a mono ethylene
glycol plant capable of producing 1.5 million tons/year and 300,000
tons/year of linear alpha olefins and another olefin derivatives. The
project, which expected to start production in 2018, includes also
1.4-million tons/year ethylene cracker and 300,000-tons/year high-
density polyethylene production unit.
Qatar Petrochemical Company (QAPCO) has inaugurated its third
low-density polyethylene (LDPE-3) plant in Mesaieed Industrial
City. The LDPE-3 plant has capacity to produce 300,000 tons/year,
which will be sold on the international market. The total cost of the
new LDPE-3 is a round $604 million.
QAPCO has two existing LDPE plants at the site, have combined
production capacity of 400,000 tons/year.
2-3 Saudi Arabia
Saudi Kayan Petrochemicals Co. has announced that it started
operations of a 1.2 million-tons/year ethylene production plant at its
complex inAl-Jubail industrial city. The plant will be able to produce
