As part of its economic diversification plan, Qatar is likely to invest about US$ 25 billion in the country’s petrochemical sector by 2020, according to a recent report released by Qatar National Bank (QNB).
As part of its economic diversification plan, Qatar is likely to invest about US$ 25 billion in the country's petrochemical sector by 2020, according #
In its report titled “Qatar Economic Insight 2012”, QNB said investments of about US$ 17 billion are likely to be made in the first phase until 2017, while another US$ 8 billion investment is expected in the second phase to be completed by 2020.
As part of its economic diversification plan, Qatar is likely to invest about US$ 25 billion in the country's petrochemical sector by 2020, according #
At present, Qatar’s petrochemical sector produces around 2.6 million tons per year of ethylene, widely used as a raw material in the textile sector, among others.
As part of its economic diversification plan, Qatar is likely to invest about US$ 25 billion in the country's petrochemical sector by 2020, according #
In addition, the sector also produces 350,000 tons per year of olefins by cracking naphtha and natural gas.
As part of its economic diversification plan, Qatar is likely to invest about US$ 25 billion in the country's petrochemical sector by 2020, according #
The report said Qatar is moving the petrochemical value chain towards production of more complex products.
As part of its economic diversification plan, Qatar is likely to invest about US$ 25 billion in the country's petrochemical sector by 2020, according #
It added that recently a number of expansions have been carried out, which will increase the petrochemical production in Qatar by 1 million tons in 2012.
As part of its economic diversification plan, Qatar is likely to invest about US$ 25 billion in the country's petrochemical sector by 2020, according #
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