Home / Knowledge / News / Textiles / Qatar petrochem to boost overall exports by 2020: Muntajat
Qatar petrochem to boost overall exports by 2020: Muntajat
Nov '13
Qatar petrochemical industry’s planned investments would further increase the country’s export portfolio to 23 million tons per annum by 2020 from the existing 10 million tons, said the Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) CEO Abdulrahman Ali Al-Abdulla, at the recently held Gulf Petrochemicals and Chemicals Association (GPCA) annual forum in Dubai.
Mr. Al-Abdulla said that as the demand for petrochemicals continues to rise, the Gulf petrochemicals industry persists on to be the largest producer and exporter of petrochemicals in the world, accounting for 11 percent of the US$ 600 billion global market, reports Qatar News Agency.
Following the positive global outlook on market demand and consumption patterns, the Muntajat has planned to expand its portfolio of products that will better serve the needs of customers worldwide, he added.
Mr. Abdulla said that Muntajat has been developing global network of offices and advanced supply chain programs that will ensure world-class logistical support as well as high-quality products.
Noting the importance of the GPCA annual forum, the Muntajat CEO said that the company received positive feedback during its participation at the forum and managed to establish relations which would result into future collaborations.
There was an increasing interest among customers and industry leaders at the forum on how Muntajat streamlines access to Qatar’s petrochemicals and many have expressed desire to establish trade relations with the company, he added.
In September 2013, the company had announced plans to open its international marketing office, Muntajat Besloten Vennoot (Muntajat BV) in The Hague, in the Netherlands.
Muntajat, a state-owned 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. The company has the mandate to export Qatar’s 10 million tons of chemicals and petrochemicals to worldwide markets.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 7th Dec 2016

New Texprocil chairman bats for increased UPI adoption

Ujwal Lahoti, the new Cotton Textile Export Promotion Council...

RBI Governor Urjit Patel addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

Defying expectations, RBI keeps repo rate unchanged

Defying market expectations, the Monetary Policy Committee (MPC) of...

The new OJ 59/1 B. Courtesy: Karl Mayer

Textiles | On 7th Dec 2016

Karl Mayer unveils new LACE.EXPRESS model for apparel

Germany’s leading textile machinery firm, Karl Mayer, has launched a...

Interviews View All

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Paolo Ocleppo
Sandvik Hyperion

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search