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Qapco Proposes Cracker JV with QP, Competing with Total Plan

10:48 AM MDT | July 8, 2011 | —NATASHA ALPEROWICZ

Qatar Petrochemical Co. (Qapco; Doha), a joint venture in which Industries Qatar (IQ) holds 80% and Total Petrochemicals holds the rest, has made a proposal to Qatar Petroleum (QP) to build jointly an olefins complex at Ras Laffan, Qatar, CW has learned. The proposal competes with a separate project that Total has been negotiating with QP, sources tell CW. The Total-QP project would center on a mixed-feed cracker based on gas and condensate. It would be designed to make 1.3 million m.t./year-1.5 million m.t./year of ethylene and also produce propylene. Downstream...

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