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Qatar petrochem group to open office in Netherlands
Sep '13
Qatar’s Doha-based petrochemical company Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) has announced plans to open its international marketing office, Muntajat Besloten Vennoot (Muntajat BV) in The Hague, in South Holland, Netherlands, reports Gulf Times.
State-owned Muntajat has the mandate to export Qatar’s 10 million tons of chemicals and petrochemicals to worldwide markets.
Abdulrahman Ali al-Abdulla, CEO of Muntajat, said the establishment of Muntajat BV in the Netherlands and the organization of its operations in The Hague are important milestones in the development of Muntajat, in less than one year since its launch.
The Netherlands Foreign Investment Agency (NFIA) and the West Holland Foreign Investment Agency (WFIA) advised and assisted Muntajat in its location decision, he added.
Yousef Jeham al-Kuwari, chairman of Muntajat BV, said Netherlands was chosen as the home for Muntajat BV for several reasons - its favorable business climate, its reputation as an international oriented country and its quality and multilingual workforce.
The proximity of The Hague to the ports of Rotterdam and Antwerp, Schiphol Airport and international chemical and petrochemical companies also contributed to the decision, he added.
The petrochemical company launched in the second half of 2012, holds exclusive rights to purchase, market, distribute and sell Qatar’s production of chemical and petrochemical regulated products to the global market.

Fibre2fashion News Desk - India

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