QATAR: Qapco polyethylene plant to launch in Q2, 2012

The estimated total cost of the polyethylene 3 plant was nearly 2.2 billion riyals ($604 million), Qapco general manager Mohamed al-Mulla said in a statement carried by Qatar News Agency (QNA).The plant will increase Qapco's total production to 720,000 tonnes per year of polyethylene, he said. Al-Mulla had been quoted by QNA as saying in November 2010 that the 310,000-tonne plant was expected to come online by the end of 2011.

Source: Daily "Gulf Times", Doha; 15 Dec 2011

(Syed Rashid Ali, Karachi, Pakistan)