The polyethylene units at Ras Laffan will use Chevron Phillips Chemical’s MarTech loop slurry process to produce high-density polyethylene, which will primarily be exported from Qatar, said Bruce Chinn, President and CEO of Chevron Phillips Chemical.
An agreement was signed by QatarEnergy and Chevron Phillips Chemical Company on Sunday to set up a joint venture company to implement the project, in which QatarEnergy will own a 70% equity share, and CPChem will own a 30% share.
Chinn said polyethylene is used in the production of durable goods like pipe for natural gas and water delivery and recreational products such as kayaks and coolers. It is also used in packaging applications to protect and preserve food and keep medical supplies sterile.
The facility will be constructed with modern, energy-saving technology and use ethane for feedstock, which along with other measures, is expected to result in lower greenhouse gas emissions than similar global facilities.
“At Chevron Phillips Chemical, we continue to grow our global asset base where there is access to reliable, affordable feedstock. This investment will help meet global demand for polyethylene products,” Chinn said.
“We are excited to expand on the long and successful history we have with QatarEnergy to safely construct and operate world-scale facilities,” Chinn said while speaking during the agreement signing at QatarEnergy headquarters in Doha.
Chevron Phillips Chemical said it will provide project management services. Construction began with early works at the site in June 2022, and startup is expected in late 2026.
The engineering, procurement and construction of the ethane cracker will be executed by a joint venture between Samsung Engineering and CTCI Corporation.
Tecnimont will execute engineering, procurement and construction for the polyethylene units.
Bruce Chinn, President and CEO of Chevron Phillips Chemical. PICTURE: Shaji Kayamkulam