· 2.3 billion riyal facility to produce 300,000 metric tons of ldpe a year
· HE Dr. Al sada: “great achievements are the result of even greater visions”
· chairman al-mohannadi: “As we have delivered excellence in past MORE THAN Thirty years, we will continue to deliver for the next THIRTY YEARS AND BEyond”
· ceo Al-Mulla: “LDpe 3…a PERFECT work of art”
His Highness The Emir, Sheikh Hamad bin Khalifa Al Thani, officially launched Qatar Petrochemical Company’s (QAPCO) new state-of-the-art, third low-density polyethylene plant, LDPE 3, at a high-profile ceremony in Mesaieed Industrial City, attended by ministers and other VVIP dignitaries, including senior executives from QAPCO’s shareholders Industries Qatar and Total. The ceremony was followed by His Highness taking a tour of the LDPE 3 facility, escorted by His Excellency Dr. Mohamed bin Saleh Al Sada, Qatar’s Minister of Energy and Industry, Mr. Patrick Pouyanne, member of the Executive Committee of Total, and Senior QAPCO officials.
“Great achievements are the result of even greater visions,” said HE Dr. Al Sada. “This modern facility is a direct and physical manifestation of Qatar’s National Vision 2030, guided by the country’s wise leadership. While Qatar is blessed by plentiful natural resources, it is the value that is created by processing the raw products that moves the country towards its economic diversification goals in the coming decades. On a national level, the country and its people can be proud that with LDPE 3, we continue to reinforce Qatar’s position as not only a regional industrial power, but also a global one. With the launching of LDPE 3 and plans to develop other petrochemical plants, Qatar is set to join the exclusive club of major petrochemical producers and exporters.”
QAPCO’s LDPE 3 puts the nation at the center of the global petrochemical industry. At peak capacity, the facility will be able to produce 300,000 metric tons of low density polyethylene per year, Combined with QAPCO’s existing LDPE facilities, this pushes up the country’s output to 700,000 metric tons of LDPE per annum.
“For nearly three decades, QAPCO has been at the forefront of Qatar’s industrial output,” said QAPCO’s Chairman, Mr. Hamad Rashid Al-Mohannadi. “The LDPE 3 facility is another step in our development plans to span the next several years. As we have delivered excellence in past more than thirty years, we will continue to deliver for the next thirty years and beyond.”
Currently, QAPCO’s manufacturing facilities consist of an 800 KTPA (kilo-ton per annum) ethylene plant, a 70 KTPA sulfur processing facility, and two existing LDPE plants with total production capacity of 400 KTPA. And after LDPE 3 came fully online, that is designed to take advantage of the company’s excess ethylene feedstock, it will be able to produce an additional 300,000 metric tons of LDPE per year; thus increasing QAPCO’s annual production of LDPE to 700,000 metric tons per annum.
“Total truly appreciates its long-standing and successful partnership with QAPCO,” said Mr. Patrick Pouyanne, President of Chemicals and member of the Executive Committee of Total. “This inauguration marks a milestone in the development of QAPCO that becomes one of the biggest single sites worldwide of low density polyethylene manufacturing. Total remains committed to support the growth of QAPCO, as well as the State of Qatar through our other activities, from the oil and gas exploration and production, LNG and condensate refining, and petrochemicals. The start-up of our LDPE 3 plant also symbolizes a key step for Total’s refining and chemicals strategy to strengthen our position in the growing markets in the Middle East and Asia.”
With the plans for developing LDPE 3 set in motion in 2002, construction was initiated in 2009 when His Highness the Heir Apparent, Sheikh Tamim Bin Hamad Al-Thani, laid down the foundation stone for the facility. The EPC (engineering, procurement, and construction) contract was awarded to Germany’s Udhe, a company renowned for designing and building chemical complex plants all over the world. In addition, the technology is licensed by Basell, another global giant in the sector. The facility was built at a cost of 2.3 billion Qatari riyals, which included the migration of the control centers from the two existing QAPCO facilities into one central control room.
“At QAPCO, we are driven by our mission to become a regional petrochemical contender,” said Dr. Mohammed Yousef Al-Mulla, QAPCO’s Vice Chairman and Chief Executive Officer. “To fulfill this, we pay attention to every detail. From a technological, environmental, and industrial perspective, LDPE 3 is, in essence, a perfect work of art.”
LDPE 3 also meets the stringent environmental standards as set forth by Qatar’s Ministry of Environment. No run-off flows into the clear waters off the coast of Mesaieed, and additionally, heat produced at the plant is recycled for heating and power. Safety regulations were especially adhered to, with a milestone 12.7 million man-hours with no loss time recorded.
Designed to exploit QAPCO’s available surplus feedstock coming from its other facilities, LDPE 3’s products will be sold in international markets under the brand name ‘Lotrene’ – a name customer’s associate with quality and excellence.
QAPCO’s industrial clients will benefit from the facilities’ premium low density polyethylene, the raw material used in everything from packaging films, agricultural film, extrusion and coating lamination film, high clarity film, injection molding, pipes, cables, wires, and other related products.
For more information about LDPE 3 and QAPCO, please visit www.qapco.com.
-- Ends –
About QAPCO
Qatar Petrochemical Company (QAPCO) Q.S.C is a Qatar-based company established in 1974 and is a joint venture between Industries Qatar (80%) and Total (20%). The company is currently one of the largest producers of low density polyethylene (LDPE) in the region. In addition to LDPE, QAPCO also produces linear low density polyethylene (LLDPE), ethylene, and sulfur, which it sells to over 4500 industry customers in 145 countries through its extensive global marketing network. QAPCO is currently involved in a number of joint ventures that includes QVC, QATOFIN, QPPC, and RLOC, making it a regional petrochemical powerhouse. More information about QAPCO may be found at www.qapco.com.qa.
About LPDE 3
LPDE 3 is QAPCO’s latest petrochemical facility located in Mesaieed Industrial City, 40 km south of Doha. It is producing some 300,000 metric tons of LPDE per annum, making it one of the largest single-site producers of LDPE in the world. The facility will be officially inaugurated on November 20th, 2012 by His Highness Sheikh Hamad bin Khalifa Al Thani, Emir of the State of Qatar.
Contacts
Ahmed Yaseen Al Hammadi
Public Relations Manager
QAPCO
Telephone: +974 4401 0011
Email: prm@qapco.com.qa
Mohamed Rabie Mohamed
Homeland Events Executive
QAPCO
Telephone: +974 4401 0055
Email: mrabie@qapco.com.qa
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