Chevron Phillips Chemical and QatarEnergy close on $3.8bn financing for Texan petchem project

In:

Oil & gas

Region:

Americas

By Maisie Clarke

Golden Triangle Polymers Company (GTPC) has closed a $3.8 billion financing for the US Gulf Coast II Petrochemical Project. GTPC, which is a joint venture owned by Chevron Phillips Chemical (CPChem) (51%) and QatarEnergy (49%), signed and syndicated the single tranche financing on 16 November...

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