Home / Knowledge / News / Textiles / Qapco signs ethylene freight contract with Eitzen shipping line
Qapco signs ethylene freight contract with Eitzen shipping line
10
Apr '09
Qatar Petrochemical Company (Qapco) has signed a contract deal with a Denmark based shipping company; Eitzen Gas for shipping up to 110,000 tons of ethylene before the year end. Last year Eitzen had shipped 160,000 tons of ethylene for Quapco.

Eitzen gas has a major expertise in the transportation of ethylene from the Middle East markets to various destinations in Asian and Europe and operates 39 shipping vessels worldwide. Qapco has re-entered the ethylene market following expansion of its ethylene project.

With the expansion, the ethylene production capacity has increased from 535,000 tons to 720,000 tons. Speaking on the occasion, the Director of Qapco, said that they and Eitzen had a long and fruitful relationship.

Divulging details, the Director, Mr Mohamed Yousuf al-Mulla said, “Qapco was fast emerging as a global petrochemical producer and consumes about 400,000 tonnes of its ethylene output a year for manufacturing LDPE”

He also said that, “It supplies 200,000 tonnes of ethylene to its subsidiary Qatar Vinyl Company (QVC) for producing ethylene dichloride and vinyl chloride monomer (VCM) and exports about 120,000 tonnes to international markets”.

“Qapco also produces about 400,000 tonnes of low-density polyethylene every year, marketed under the “Lotrene” brand name and 70,000 tonnes of sulphur, which is generated as a by-product”, he added by saying.

Group General Manager (Commercial & Marketing), Mr Abdulrahman Ali al-Abdulla said efforts were being made to expand the company's global marketing network and now the products reach about 4500 customers in some 85 countries.


Fibre2fashion News Desk - India


Must ReadView All

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Steve Cole
Xerium Technologies

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Igor Chapurin
Chapurin

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Jay Ramrakhiani
Occasions Elegance Wear

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

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

July 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

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

Yes No

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

Yes No

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


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



X