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Business

Shell Advances Qatar Cracker Plan

by Alexander H. Tullo
December 12, 2011 | A version of this story appeared in Volume 89, Issue 50

After a yearlong feasibility study, Shell Chemicals and Qatar Petroleum are moving forward with plans to construct a multi-billion-dollar petrochemical complex in Ras Laffan, Qatar. The companies say the complex will include an ethylene steam cracker, a 1.5 million-metric-ton-per-year ethylene glycol plant, a 300,000-metric-ton higher olefins plant, and a unit making “another olefin derivative.” Qatar Petroleum will have an 80% stake in the complex. The two companies recently opened a gas-to-liquids complex in Qatar.

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