The complex will comprise an ethane cracker and three downstream units producing low-density polyethylene (LDPE), high-density polyethylene (HDPE) and linear low-density polyethylene (LLDPE). The joint venture will design, build and operate the plant. Construction is due to start next year and financing is scheduled for completion by the end of 2005. BNP Paribasis acting as financial adviser (MEED 23:7:04).