Middle East Economic Survey

VOL. XLVIII

No 38

19-September-2005

UAE

Taiwans CPC Plans $6Bn Abu Dhabi Petrochemical Complex

Taiwans Chinese Petroleum Corp (CPC) plans to lead a $6bn project to build a petrochemical complex centered on a 1.3mn tons/year naphtha cracker in Abu Dhabi, according to a 14 September report in the Economic Daily News. Ethylene production will be highly efficient while the cost of producing petrochemical raw materials will be low and the plastics materials will be very...