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Regions :: Middle East :: Qatar

Qapco Awards Ethylene Revamp Contract to CTCI

9:21 AM MDT | March 12, 2012 | Natasha Alperowicz

Qatar Petrochemical Co. (Qapco; Doha) has signed a contract with CTCI Corporation (Taipei) to revamp Qapco's existing olefins complex at Mesaieed, Qatar. The first part of the contract, valued at QR 604 million ($165.2 million) covers the revamp of Qapco's plant and machinery to conform to international safety and environmental standards, reduce waste and enhance productivity. This part of the contract was signed in Doha on Sunday by Mohammed Yousef Al Mulla, Qapco's CEO and John T Yu, chairman of CTCI as well as Nitta Masami, v.p./plant engineering at IHI. The...

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