Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) has taken over the marketing and distribution responsibilities for Qatar’s globally recognised Lotrène brand of low density polyethylene (LDPE) and linear low density polyethylene (LLDPE).
Muntajat has the mandate to export Qatar’s 10mn tonnes of chemicals and petrochemicals to markets worldwide.
In Qatar, LDPE and LLDPE are produced by Qatar Petrochemical Company (Qapco) and Qatofin respectively, and these high-quality products are being sold to more than 4,500 customers worldwide under the brand name Lotrène.
Muntajat has assumed the commercial and export responsibilities for Qapco’s LDPE and Qatofin’s LLDPE products, making it the representative of the Lotrène brand.
This marks the company’s entry to the polymers sector, Muntajat’s third area of operations after the “successful transition” earlier this year of the marketing and distribution activities of the chemicals and fertilisers produced in Qatar.
HE the Minister of Energy and Industry, Dr Mohamed bin Saleh al-Sada, said “Qapco has long been a standard by which we measure the success of Qatar’s downstream industry. With Muntajat now marketing its products, Qapco will have ample opportunity to continue its growth and contributions to the national vision, leveraging its new LDPE-3 plant that was inaugurated last year,” he said.
Al-Sada said “Qatofin’s production of LLDPE is a testament to Qatar’s efforts to develop the polyethylene product range.
“Qatar’s chemical and petrochemical industry investments over the next few years will further increase its export portfolio to 23mn tonnes per year by 2020, thus positioning Qatar among the top exporters in the industry. We are confident that Muntajat is on track to become one of the world’s leading marketing and distribution companies in the chemicals and petrochemicals industry in the near future.”
Muntajat CEO Abdulrahman Ali al-Abdulla said, “Lotrène is a brand known worldwide for quality and reliability of supply. We promise our loyal customers they will continue to receive the same high quality LDPE and LLDPE products they have been importing from Qatar without any interruptions to the supply chain. We believe that quality products coupled with world-class service levels, before and after sales, will help our customers in achieving production efficiencies and enhancing their competitive advantages. We are committed to growing the Lotrène brand to become renowned globally as a leading brand for all polymers produced in the State of Qatar.”
In the course of the past few months, Muntajat’s shipments have reached across Asia, Africa, Europe, North America and South America. The company will rely on its advanced supply chain programme to reduce product delivery lead times and better serve its global customers.
Dr Mohamed Yousef al-Mulla, Qapco vice chairman and CEO of Qapco and Qatofin, said: “With the recent opening of our new LDPE-3 plant, we remain focused on expanding the production of products that are known throughout the world for quality and reliability.”
Reported by: Caye Global News, Gulf Times
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