CPChem & QP Plan to Jointly Develop U.S. Gulf Coast Petrochemical Project

摘要

Houston- Chevron Phillips Chemical Co. (CPChem) and Qatar Petroleum (QP) have signed an agreement to jointly pursue development of a new petrochemical plant in the U.S. Gulf Coast region. The U.S. Gulf Coast II Petrochemical Project (USGC II), for which a specific location was not disclosed, would include a 2-million-t/y ethylene cracker and two 1-million-t/y high-density polyethylene units. Cost of the facility is estimated at around $8-bilIion.