Home / Knowledge / News / Textiles / Muntajat to market & distribute Qatar petrochemicals
Muntajat to market & distribute Qatar petrochemicals
Dec '12
courtesy: MENA financial network
courtesy: MENA financial network
The Government of Qatar has launched Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat), a single firm having exclusive right to buy, market, distribute and sell all specified regulated chemical and petrochemical products produced in the country to other countries and regions in the world.
During a media briefing organized to announce the launch of Muntajat, the Minister of Energy and Industry and Muntajat Chairman Dr. Al-Sada noted that while global demand for chemicals and polymers is on a rise, Qatar, with its rising production is supplying and supporting several industries across the globe.
He said having reinforced its position as a maker and key source of chemicals and polymers, Qatar now intends to focus more on extensive expansions with Muntajat looking ahead to establish Qatar as world’s leading chemical and petrochemical hub.
As a part of its economic diversification strategy and its aim to expand its share in global chemical and petrochemical industry, the country intends to invest about US$ 25 billion in the petrochemical industry by 2020 to boost its petrochemical production from existing 10 million tons to around 23 million tons by 2020, he said.
The Minister noted that Muntajat has been launched to form a base for the high levels of production targeted by the country. The country is currently the second largest producer of petrochemicals in the Gulf region and intends to double its production by 2020, and Muntajat can greatly help in achieving this goal, he added.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search