02/01/2011 00:00 AST

Qatar Petrochemical Company (Qapco) expects its new low-density polyethylene (LDPE-3) plant with a 300,000 tonnes-per-year (tpy) capacity to start production by the year-end.

Qapco’s two existing low-density polyethylene production lines - LDPE 1 & 2 account for more than 400,000 tpy.

“Construction on site reached 2,764,520 man-hours without lost time accident,” Qapco said in a statement.

Qapco, a major global petrochemical producer, is also in the process of tendering for its ethylene plant revamp (EP3) to lift production to 900,000 tpy by mid-2012.

Qapco started its commercial ethylene production in 1980 with a design capacity of 360,000 tpy. The capacity was boosted to 525,000tpy in 1996 and 720,000tpy through an expansion project (EP2) in 2007.

Qatofin was launched in April 2009 with a capacity to produce 450,000 metric tonnes per year of linear low density polyethylene (LLDPE).

The required ethylene feed stock is being provided by Ras Laffan Olefins Company.

Qatofin is a joint venture involving Qatar Petrochemical Company (Qapco) (63%), Total Petrochemicals of France (36%) and Qatar Petroleum (1%).

Mesaieed-based Qatofin is Qatar’s first petrochemical facility to produce linear low-density polyethylene, a highly versatile polymer used in the production of a wide variety of plastic products like bags, toys and cable coverings.

Qapco is also gearing up to further expand its sprawling global marketing network. This year the company plans to open new representative offices in Morocco and South Africa.

Qapco’s global marketing network consists of 29 self operated offices and six regional warehouses. This year the company opened representative offices at Vietnam, Malaysia, Indonesia, Turkey, Sri Lanka and Philippines and logistic facilities in Tripoli, Shanghai, Guangzhou and Qingdao (China).

Last year saw Qapco participate in many exhibitions including ChinaPlast Exhibition, Plastex Cairo Exhibition, Germany K-Exhibition and the 5th GPCA Annual Conference & Exhibition in Dubai.

In November last year, Qapco launched its newly designed and user-friendly website, which is packed with a lot of features.

The month also saw Qapco setting a new world record by launching the largest T-shirt in the world to show its support for Qatar’s bid to host FIFA 2022.

Qapco’s Qatarisation drive launched in December saw a gathering of more than 200 national employees, industry officials and representatives of premier educational institutions in the country.

Qapco said it has strong ties with local educational and research centres such as Texas A&M University, where the company employees have been enrolled for various programmes and projects and events are supported.


Gulf Times

Ticker Price Volume
SABIC 114.77 5,915,941
Saudi Public Investment Fund signs agreement with Six Flags to create amusement park in Riyadh

05/04/2018

Saudi Arabia's Public Investment Fund (PIF) has signed an agreement with Six Flags to develop and design an amusement park in Riyadh. Six Flags, the world’s leading international amusement park compa

Arab News

Green energy drive will boost KSA employment: Saudi Arabia’s renewable energy chief

05/04/2018

In an exclusive interview with Arab News, Turki Mohammed Al-Shehri explains how an expanding renewables industry will boost employment as well as pave the way for a greener future.

A massiv

Arab News

Dubai house prices, rents drop in first quarter of 2018

05/04/2018

Dubai’s residential property market continued to soften in the first three months of this year, in line with analysts’ forecasts, with rental values recording a more pronounced fall than sales prices

The National

Saudi Arabia lifts GCC index buoyed by strong oil prices

05/04/2018

Buoyed by a strong oil price of $70 per barrel, Saudi Arabia’s Tadawul shot up by over 6 per cent in March 2018, according to Kuwait Financial Centre’s (Markaz’s) recently released Monthly Markets Re

Times of Oman

Banks’ real estate credit at QR147.7bn

05/04/2018

Qatar banks’ combined credit facilities to real estate sector rose by QR17bn to QR147.7bn in 2017. The banks’ credit to various sectors stood at QR911bn at the end of 2017, up from QR839bn recorded i

The Peninsula