The estimated $2,000 million project will see the construction of an ethane cracker serving three downstream units producing low-density PE, high-density PE and linear low-density PE with combined capacity of about 900,000 tonnes a year (MEED 6:2:04).

It is understood that OOC is looking to bring in a foreign partner. Sources close to the project say that negotiations have reached an advanced stage with a major US player.