Qatar Petroleum says QAPCO to operate QVC
Qatar gas plant
Doha - Arab Today
Qatar Petrochemical Company (QAPCO) will operate the activities of Qatar Vinyl Company (QVC) through a service agreement by the end of the year, Qatar Petroleum (QP) said on Sunday.
QVC is part of Mesaieed Petrochemical and QAPCO is a unit of Industries Qatar.
QP, the parent company of Mesaieed Petrochemical and Industries Qatar, said the process would start next month.
“The integration will not result in any change to the shareholder ownership,” QP said, adding that a single entity would be created to operate the assets on behalf of both companies’ shareholders.
“The integration will reduce operating costs and enhance the profitability of both companies,” the statement quoted QP CEO Saad Sherida Al-Kaabi as saying.
State-owned QP said last year it would cede control of parts of the industrial city of Mesaieed in 2017.
Source : Al Arabiya
- Thursday ,13 December GMT 22:53 2018 Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar Properties
- Thursday ,06 December GMT 13:41 2018 Tyre maker Continental opens lab to extract rubber from dandelions
- Friday ,30 November GMT 15:23 2018 Paper industry around famous Chinese lake to be shut down by 2019
- Monday ,12 November GMT 16:51 2018 Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMAS
- Friday ,09 November GMT 08:11 2018 Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'
- Thursday ,08 November GMT 14:00 2018 Namibian enterprise endeavours to seize opportunities at China import expo
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read MoreGMT 11:29 2013 Thursday ,09 May
Pakistani women warned not to vote
GMT 17:31 2017 Sunday ,15 January
Iraqi forces continue liberating Daesh-held districts in Mosul
GMT 10:06 2017 Monday ,03 April
Girl found in Hsarat with wounds to her face and neck
GMT 09:51 2019 Monday ,19 August
Live a frustrating atmosphere in your career
GMT 07:49 2018 Wednesday ,21 November
Interpol to elect president after former chief disappears in China
GMT 12:57 2018 Tuesday ,09 October
Egypt says security forces kill 10 militants in Sinai
GMT 22:37 2015 Saturday ,22 August
Griezmann hands Atletico win over Las PalmasGMT 14:24 2011 Wednesday ,03 August
Harbhajan, Yuvraj ruled out of England Test series
GMT 14:24 2017 Tuesday ,03 January
Aoun meets FPM Diaspora delegation
GMT 14:41 2013 Wednesday ,31 July
Zambia blocks another website, re-arrests reporter
GMT 23:58 2017 Saturday ,06 May
BACA president pays tribute to late ALECSO chief
GMT 04:18 2014 Wednesday ,08 October
Suspected US drone strikes kill 6 in Pakistan
GMT 08:58 2012 Saturday ,16 June
Nadal out of Halle, Federer struggles into semis
GMT 12:45 2016 Friday ,02 December
Cowboys blunt Viking's late rally to win 11th straight
GMT 17:45 2017 Saturday ,25 March
Saudi Aramco weighing plan to hire investment banks for share sale
GMT 06:08 2017 Monday ,20 March
Real estate tycoon appointed Dubai Holding chairman
GMT 15:45 2016 Sunday ,25 December
8 raids target several towns in Idlib
GMT 22:12 2015 Monday ,09 March
Qatar's emir, president of South Korea hold official talks
GMT 10:47 2017 Friday ,24 February
History beckons for North and Wales against Scotland
GMT 17:36 2017 Saturday ,15 April
Iraqi Christians return to ransacked town with fear
GMT 04:37 2015 Thursday ,22 October
US, Europeans ask UN to investigate Iran missile test
GMT 12:44 2015 Monday ,28 December
Halal burger chain Meat and Shake finds recipe for niche success in UK
GMT 17:51 2017 Monday ,06 February
Iran ‘will issue visas for US wrestlers’
GMT 10:25 2017 Sunday ,12 February
Iran: 30 killed as burning high-rise collapses in TehranGMT 11:54 2011 Monday ,23 May
Kuwait bans visas to five nationalities
GMT 03:59 2017 Wednesday ,22 February
80 per cent of world’s city dwellers breathing bad air: UN
GMT 11:08 2016 Friday ,26 August
Uber lost at least $1.27bn in first half of year
GMT 12:37 2017 Saturday ,15 July
Kuwait condemns 'terrorist attack' in Egypt's Giza
GMT 21:52 2015 Saturday ,11 April
Brazil leader to visit US on June 30
GMT 15:00 2017 Friday ,10 February
IOF level land in Jerusalem for the second time within three months
GMT 18:39 2017 Tuesday ,18 April
Chinese FM: China Welcomes US Role on Korean Peninsula Issue
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor