Qatar Petrochemical Company (Qapco) is assessing bids from three contractors for the main engineering, procurement and construction (EPC) contract on its $400-500m low-density polyethylene plant, known as LDPE-3.
Germany's Uhde, along with Italy's Tecnimont and the UK's Simon Carves, a subsidiary of India's Punj Lloyd, submitted commercial bids on 15 December, according to a source close to the project. An award is expected in the next month.
Ethylene feedstock for Qapco's facility will come from its second ethylene expansion project at Mesaieed, which came on stream in 2007, and from the Ras Laffan Olefins Company cracker.
The two sources should provide more than 1 million tonnes-a-year (t/y) of ethylene, which will be supplied by pipeline (MEED 2:6:06).
Qapco is thought to be in the process of approaching banks to help finance the plant (MEED 21:11:08).
A larger EPC deal to provide technology and build a mixed-feedstock cracker at Mesaieed was recently delayed due to the slump in market conditions (MEED 12:12:08).
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