Hydrocarbon Processing Copying and distributing are prohibited without permission of the publisher
Email a friend
  • Please enter a maximum of 5 recipients. Use ; to separate more than one email address.



Qatar sets up new company to market domestic petrochemical products

12.25.2012  | 

The Qatar Chemical and Petrochemical Marketing and Distribution Co., or Muntajat, would have "exclusive rights to purchase, market, distribute and sell Qatar's production of chemical and petrochemical regulated products to the global market". The new entity is expected to start operations in Q1 2013.

Keywords:

By ALEX DELMAR-MORGAN

DOHA -- Qatar has established a new company to market its petrochemical, fertilizer and steel products.

In a statement Tuesday, majority government-owned conglomerate Industries Qatar said it was unveiling changes to the way it sold its products.

The Qatar Chemical and Petrochemical Marketing and Distribution Company, or Muntajat, would have "exclusive rights to purchase, market, distribute and sell the State of Qatar's production of chemical and petrochemical regulated products to the global market", the statement said.

The new entity is expected to start operations in the first quarter next year.

Abdulrahman Ahmad Al-Shaibi, chief coordinator at Industries Qatar, said the move would not affect the group's 2012 financial results.


Dow Jones Newswires



Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Related articles

FEATURED EVENT


Sign-up for the Free Daily HP Enewsletter!

Boxscore Database

A searchable database of project activity in the global hydrocarbon processing industry

Poll

Should the US allow exports of crude oil? (At present, US companies can export refined products derived from crude but not the raw crude itself.)


64%

36%




View previous results

Popular Searches

Please read our Term and Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2014 Hydrocarbon Processing. © 2014 Gulf Publishing Company.