IHS Chemical Week

Regions :: Middle East :: Qatar

Qatar and Honam Delay Olefins Joint Venture

1:06 PM MST | December 12, 2008 | Chemical Week Editorial Staff

Qatar Intermediate Holdings (QIH; Doha) and Honam Petrochemical (Seoul) have delayed by one year a previously announced 70-30 joint venture project to build an olefins plant in Qatar, reports say. The companies cite difficulties obtaining financing due to tight credit markets. The complex is expected to cost much more than original estimates of $2.6 billion. The delay means that the complex will most likely start operating at Mesaieed, Qatar in 2012 instead of an originally scheduled start-up date of 2011. Contractors submitted commercial bids last October to...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa