Qatar set to join club of big petrochem exporters: Sada

ASIF IQBAL

DOHA THE Emir His Highness Sheikh Hamad bin Khalifa al Thani on Tuesday officially inaugurated Qatar Petrochemical Company’s (Qapco) third low-density polyethylene plant, LDPE 3, at a ceremony in Mesaieed Industrial City.

Built at an estimated cost of QR2.3 billion, the LDPE 3 has a production capacity of 300,000 metric tonnes of low-density polyethylene per annum. It started production in August this year. At present, the plant has reached 93 percent of production capacity and is expected to reach the full capacity by January next year.

Combined with Qapco’s existing LDPE facilities, the new plant will raise the total output of lowdensity polyethylene to 700,000 metric tonnes per annum.

The LDPE 3 will use Qapco’s available surplus feedstock coming from its other facilities, and its products will be sold in international markets under the brand name ‘Lotrene’.

Commenting on the new plant, Minister for Energy and Industry HE Mohammad bin Saleh al Sada said, “This modern facility is a direct and physical manifestation of Qatar’s National Vision 2030.

While Qatar is blessed by plenty of natural resources, it is the value that is created by processing the raw products that moves the country towards its economic diversification goals in the coming decades.” He said efforts would continue to reinforce Qatar’s position not only as a regional industrial power, but also as a global one.

“With the launch of LDPE 3 and plans to develop other petrochemical plants, Qatar is set to join the exclusive club of major petrochemicals producers and exporters,” Sada added.

Qapco Chairman Hamad Rashid al Mohannadi said, “For nearly three decades, Qapco has been at the forefront of efforts to raise Qatar’s industrial output.

The LDPE 3 facility is another stage of our development plans for the next several years. As we have delivered excellence in the past more than 30 years, we will continue to deliver for the next 30 years and beyond.” Qapco commenced commercial production in 1981, and is owned jointly by Qatar Industries (IQ) with 80 percent share and Total Petrochemicals of France with 20 percent share.

President of Chemicals and member of the Executive Committee of Total Patrick Pouyanne remarked, “This inauguration marks a milestone in the development of Qapco into one of the biggest single sites worldwide of low-density polyethylene manufacturing.

Total remains committed to supporting the growth of Qapco as well as Qatar through our other activities, from the oil and gas exploration and production to LNG and condensate refining besides petrochemicals.” The plans for developing LDPE 3 were set in motion in 2002 and construction was started in 2009 when the Heir Apparent His Highness Sheikh Tamim bin Hamad al Thani laid the foundation stone for the facility. The EPC (engineering, procurement, and construction) contract was awarded to Germany’s Udhe, a company renowned for designing and building chemical plants all over the world.

The LDPE 3 meets the stringent environmental standards as set by ministry of environment.

No run-off flows into the clear waters off the coast of Mesaieed and, additionally, the heat produced at the plant is recycled for heating and power generation.

Related Posts

1 comment

  1. Hello Everybody,
    My name is Ahmad Asnul Brunei, I contacted Mr Osman Loan Firm for a business loan amount of $250,000, Then i was told about the step of approving my requested loan amount, after taking the risk again because i was so much desperate of setting up a business to my greatest surprise, the loan amount was credited to my bank account within 24 banking hours without any stress of getting my loan. I was surprise because i was first fall a victim of scam! If you are interested of securing any loan amount & you are located in any country, I'll advise you can contact Mr Osman Loan Firm via email osmanloanserves@gmail.com

    LOAN APPLICATION INFORMATION FORM
    First name......
    Middle name.....
    2) Gender:.........
    3) Loan Amount Needed:.........
    4) Loan Duration:.........
    5) Country:.........
    6) Home Address:.........
    7) Mobile Number:.........
    8) Email address..........
    9) Monthly Income:.....................
    10) Occupation:...........................
    11)Which site did you here about us.....................
    Thanks and Best Regards.
    Derek Email osmanloanserves@gmail.com

    ReplyDelete

Post a Comment

Subscribe Our Newsletter