From left: The Minister of Energy and Industry and Chairman of the Board of Directors of Muntajat H E Dr Mohammed bin Saleh Al Sada, CEO of Muntajat Abdulrahman Ali Al Abdulla, and General Manager of SEEF Ltd Ahmed Al Hitmi.
DOHA: Within three months of its launch, Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) QJSC has become responsible for exporting 68.8 percent in volume of Qatar’s chemical and petrochemical products.
The landmark achievement comes as the company completes the consolidation of the marketing, sales and distribution of SEEF Ltd products. It marks the third milestone in a comprehensive consolidation of marketing and distribution responsibilities for Qatar’s chemical and petrochemical industry products under one entity.
The Minister of Energy and Industry and Chairman of the Board of Directors of Muntajat H E Dr Mohammed bin Saleh Al Sada expressed great pleasure at the achievement. The Minister said: “Muntajat will play a key role in achieving Qatar’s National Vision 2030 by contributing to social, human, economic and environmental development.”
“Today the petrochemical industry is a key driver of Qatar’s growth, positioning the State as a global player in this sector. The downstream products created by gas feedstock are delivering value by diversifying Qatar’s export portfolio beyond LNG. In fact, Qatar is well positioned to become the world’s fourth largest chemical and petrochemical producer within the next decade through continued investment,” Dr Al Sada said.
He said the marketing of SEEF’s products by Muntajat is another step in the journey of raising the profile of the industry in Qatar and abroad.
Effective April 1, Muntajat has assumed sole responsibility for the marketing of Linear Alkyl Benzene (LAB) and Heavy Alkyl Benzene (HAB) produced by SEEF Ltd. LAB is a raw material used in the production of detergents, and is considered to have a less impact on the environment than other options.
Abdulrahman Ali Al Abdulla, CEO of Muntajat, said: “With our portfolio of products now exceeding two thirds of Qatar’s chemical and petrochemical production capacity, Muntajat is on-track to achieve the transition of all regulated chemical and petrochemical products produced in the State by mid-year. Our team is committed to the continued supply of Qatar’s quality chemical and petrochemical products to its customers, and is dedicated to the long-term creation of value for all our stakeholders.”
Ahmed Al Hitmi, General Manager of SEEF Ltd, said SEEF looks to increase Qatar’s share of global LAB production as the market for the product grows to cater to the demand for biodegradable Linear Alkyl Benzene.
Since its establishment in August 2012, Muntajat has been finalising the necessary approvals as well as consulting all nine operating entities in Qatar’s chemical and petrochemical industry to prepare for a full transition of their sales, marketing and distribution functions to Muntajat.
The first consolidation milestone was reached in early February when Muntajat took over all marketing and distribution functions of Qatar Fuel Additives Company Limited (QAFAC). Qatar Fertiliser Company (Qafco), representing the second milestone, followed suit in March. The Peninsula
