QatarEnergy and Chevron Phillips Chemical (CPChem) are moving forward with a massive $8.5 billion polymer plant on the Texas coast after reaching a onal investment decision (FID) on the project. The orms say that the Golden Triangle Polymers Plant would house the largest ethylene cracker and the two biggest high-density polyethylene units in the world when it is slated to come on line in 2026. The project also represents QatarEnergy’s second-largest investment in the US, after the $11 billion investment in the Golden Pass LNG project, where it is partnered with Exxon Mobil.
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