Vol. XL

No. 2



Qatar Signs $500Mn Joint Venture Agreement ForPetrochemical Plant

The Qatar General Petroleum Corproation (QGPC) hassigned an agreement with Norway's Norsk Hydro SDB and France's Elf Atochem to set up ajoint venture, the Qatar Vinyl Company (QVC), which will construct a $500mn plant for theproduction of 338,000 tons/year of ethylene dichloride (EDC), 200,000 t/y of vinylchloride monomer and 260,000 t/y of caustic soda. The agreement, which was signed in Dohaon 8...