Will Qapco diversify into Propylene?
Qapco is producer of ethylene and polyethylene, and by July Qapco will produce LLDPE in a JV company with Qatofin. Polystyrene and polypropylene are not in our agenda. We are concentrating on those three core products. Achieving the quality we are looking for, and maintaining this is what makes Qapco a good company. Will Qapco be acquiring companies outside Qatar? As a subsidiary of QP, that is their overall decision. When they green light a move, we are ready. But for now Qapco is in Qatar. What’s the status of your projects? We have three ongoing projects. The QATOFIN project, in partnership with France’s Total, and Qatar Petroleum is progressing very well, and we are expecting to start the cracking machine of the LLDPE plant in July. This will produce 450 000 tonnes per year. In line with this, we expect to start commercial operations this November. The Ras Laffan plant that will supply the ethylene feedstock to Qatofin will start in November or December this year. Around 1.3 millio