Muntajat BV, a wholly-owned subsidiary of Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) has announced the opening of 10 new international marketing offices.
The new offices, located in Morocco, Sri Lanka, Dubai, India, Guangzhou and Shanghai, Thailand, Philippines, Indonesia, and Pakistan, add to the growing network of offices in key locations around the globe that market Qatar’s high-quality production of chemical, polymer, and fertiliser products.
Launched in 2012, Muntajat is the “gateway” to the chemicals, polymers, and fertilisers produced in Qatar to the global market. Expanding its marketing activities, Muntajat subsidiary is building its global presence through the establishment of a network of local marketing offices that will serve both local and international customers.
HE the Minister of Energy and Industry Dr Mohamed bin Saleh al-Sada, who is also Muntajat chairman, hailed the new expansion as a “significant step” in the effort to broaden the company’s international reach.
“This achievement offers new global marketing avenues for the ‘Made in Qatar’ brand, and will help position the State of Qatar as a reliable provider of a diverse portfolio of high-quality chemical and petrochemical products,” al-Sada said. The opening of the 10 new offices adds to existing ones in Australia, Malaysia, Jordan, South Africa, and Turkey.
Muntajat CEO Abdulrahman Ali al-Abdulla described the expansion as a “strategic achievement” and said, “The opening of the new offices marks an important step in our global expansion.”
He added, “To date, Muntajat serves customers in more than 120 countries. With additional offices expected to open before the end of year, we are on track in growing our international reach, building scale and continuing to develop new opportunities for the State of Qatar’s downstream industry.”
Muntajat executive director (marketing and sales) Yousef Jeham al-Kuwari said, “The global demand for chemical and petrochemical products is on the rise across the product range. With our further expansion into Middle East, North Africa, and Asia, we bring our operation closer to our customers in the region and move closer to fulfil our ambition in becoming a leading marketer of chemicals and petrochemicals worldwide.”
The Casablanca office will serve Morocco, Algeria, Mauritania, and Tunisia while the Colombo office will serve the markets of Sri Lanka and Maldives. The Mumbai office will service the Indian, Nepali, and Bhutanese markets, while the Karachi office will serve Pakistan and Afghanistan.
The offices in Guangzhou and Shanghai will cater to customers in China, Taiwan, South Korea, and Japan, while those in Manila, Jakarta, and Bangkok will focus on servicing their respective countries.
Recognised as a world leader in natural gas production, Qatar is also a major producer of chemicals and petrochemicals. Its current chemical and petrochemical annual export portfolio of 10mn tonnes is expected to more than double by 2020.
With growing global demand for chemicals, polymers and fertilisers, Qatar’s increasing production is supplying and supporting the growth of a wide number of industries around the world.
The country is investing $25bn in its petrochemical sector until 2020 as part of its economic diversification strategy and its mission to increase its global market share in the chemicals and petrochemicals industries. Source: Gulf Times