Home / Knowledge / News / Textiles / Al-Karaana to boost Qatar's petrochemical capacity by 25%
Al-Karaana to boost Qatar's petrochemical capacity by 25%
Mar '14
The new Al-Karaana petrochemical project, coming up at an estimated cost of US$ 6.5 billion, is expected to increase Qatar’s petrochemical production capacity by 25 percent, according to a Gulf Times report.
Talking to presspersons on the sidelines of a project conference, Stijn van Els, CEO (designate) of Al-Karaana, said they are considering a mix of conventional bank loans and Islamic financing for the project, which is now in the midst of FEED phase, and will now embark on the next stage of engineering, procurement and construction (EPC).
The Al-Karaana project, an 80:20 joint venture of Qatar Petroleum and Shell Petrochemicals, is scheduled to be completed by 2018 and will comprise a steam cracker, a mono ethylene glycol plant, a linear alpha olefin unit and an oxo alcohol unit.
Upon commissioning, the project would have a total petrochemical production capacity of 2 million tons per annum, Els said, and added that the project has been designed to produce 1.5 million tons of mono ethylene glycol per year, 300 million tons of linear alpha olefin and another 250 million tons of oxo alcohol.
The Al-Karaana project would be fully integrated with other projects and the steam cracker at the petrochemical complex would use feedstock from natural gas projects in Qatar, he informed.
The mono-ethylene glycol plant within the Al-Karaana complex would be the world’s largest of its kind, and would use Shell’s proprietary MEGA process technology, he added.
Most of the Al-Karaana petrochemical products would be exported, mainly to Asian markets, and some quantity would be consumed domestically, Els said.

Fibre2fashion News Desk - India

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Textiles | On 24th May 2017

Starlinger unveils FX 8.0 circular loom for fabric making

Starlinger, a leading supplier of machinery for woven plastic...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Kaizad Hansotia

Competition is the best thing that can happen to a startup

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search