Home / Knowledge / News / Textiles / Qapco signs ethylene supply contract with Marubeni Corp
Qapco signs ethylene supply contract with Marubeni Corp
05
Feb '09
Dr. Mohamed Yousef Al-Mulla
Dr. Mohamed Yousef Al-Mulla
Qatar Petrochemical Company has recently signed a sale contract with Marubeni Corporation of Japan to sell a portion of its surplus ethylene. The contract's value is USD 35,000,000 (almost QR 126,000,000).

Dr. Mohd Yousef Al-Mulla, GM of QAPCO expressed: Qapco's delight to be in partnership with Marubeni Corporation for the supply of ethylene, and that QAPCO had shipped in 2008 about 35% of its ethylene to various end-users in Indonesia, Thailand, Philippines and Venezuela through Marubeni.

Marubeni Corporation is a Japanese trading house which has total 115 corporate offices and 248 divisional subsidiaries all over the world. They enjoy more than 25 years of experience in ethylene business, one of the pioneers in this field with strong customer base and logistic network around the globe.

Qatar remains one of the strategically important countries for Marubeni for trading Petroleum and Petrochemical products. Beside its trading business, Marubeni has its strong presence in Qatar through participation in other projects such as Qatargas1, Mesaieed Power Company, Cable installation project, Sewage infrastructure project etc.

Since its inception, QAPCO has established solid and strong business relationships with its customers in general, and Asia in particular. Now QAPCO exports more than 200,000 Mt of its Lotrene brand of LDPE to all the Asian countries in the Far East, South East Asia and the Indian Sub-Continent.

With the completion of the Ethylene expansion project, QAPCO has become the important supplier of ethylene as a feedstock to the Asian Petrochemical industry. This region has been very attractive to all the major plastics producers. QAPCO enjoys a long presence in the region which has helped us build strong and loyal customer base.

QAPCO


Must ReadView All

Courtesy: BekaertDeslee

Textiles | On 23rd Oct 2017

BekaertDeslee to expand North American facility

BekaertDeslee, one of the largest manufacturer of mattress textiles...

Courtesy: A&E

Textiles | On 23rd Oct 2017

A&E unveils Magic using Repreve sewing thread

American & Efird (A&E), a leading developer of industrial and...

Courtesy: Messe Frankfurt

Textiles | On 23rd Oct 2017

Over 4,000 exhibitors attend Intertextile Shanghai 2017

Another successful Intertextile Shanghai Apparel Fabrics has wrapped...

Interviews View All

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Johan Berlin
InvestKonsult Sweden AB

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

Paolo Ocleppo
Sandvik Hyperion

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


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