Home / Knowledge / News / Textiles / Muntajat acquires right to export Seef products
Muntajat acquires right to export Seef products
04
Apr '13
Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat), a firm having exclusive right to buy, market, distribute and sell all specified regulated chemical and petrochemical products produced in the country to the world, has also obtained rights to market, sale and distribute products of Seef, a semi-government petrochemical firm, Minister of Energy & Industry, Dr. Mohamed bin Saleh al-Sada said.
 
Since April 1, 2013, the company has gained sole rights for marketing heavy alkyl benzene (HAB) and linear alkyl benzene (LAB) produced by Seef. This is another avenue which has enhanced the prospects of the company at home and abroad, Dr. al-Sada added.
 
Contributing around 70 percent of the country’s overall exports of chemical and petrochemical products, Muntajat would significantly help the country achieve its National Vision 2030, Dr. al-Sada, who is also the Chairman of Muntajat, said.
 
Muntajat CEO Abdulrahman Ali al-Abdulla noted that the company has already executed several orders for supplying Qafac and Qafco products to its clients in China, India, Australia, Thailand, Taiwan, UAE, Singapore and South Africa.
 
He said with its portfolio exceeding two-thirds of the country’s overall chemical and petrochemical production capacity, Muntajat is now geared up to bring a change in its marketing, sales and distribution of all regulated chemical and petrochemical goods by mid-2013.
 
Dr. al-Sada said the petrochemical industry is a key driver of Qatar’s growth and it has made the country a major player in the global industry. With investments pouring in the sector, Qatar is set to become the fourth largest producer of chemicals and petrochemicals, globally, over the next 10 years, he added.
 

Fibre2fashion News Desk - India

Must ReadView All

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Courtesy: IRRC Institute

Apparel/Garments | On 27th May 2017

Up to 7.5 mn retail jobs in US at risk due to automation

About 6-7.5 million retail jobs in the US are likely to be automated...

Textiles | On 27th May 2017

Indian textiles ministry promotes wool sector

The ministry of textiles has taken multiple steps to promote the wool ...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search