Qatar, Chevron to build $6bn gas-to-plastics plant

DOHA: Qatar signed a $6 billion deal with Chevron Phillips Chemical on Sunday to build a plant including the biggest ethane cracker in the Middle East, converting natural gas into polyethylene and other plastics.
The Ras Laffan Petrochemicals Complex, which will produce 2.1 million tons of ethylene a year along with 1.7 million tons of polyethylene derivatives, will come on stream in 2026.