State-owned Qatar Petroleum (QP) on June 11 announced that it would integrate Qatari petrochemical marketer (Muntajat) into its operations as part of its efforts to reinforce its global competitiveness in the downstream sector. Muntajat is a marketer of polyethylene (PE), methanol, MTBE, linear alkylbenzene (LAB), fertilizers and metals.
Muntajat uses Lotrene brand to market PE produced by Qatari producers firms Qapco, Qatofin, and Q-Chem. Muntajat integration is expected to be completed in the next several months. After the integration, Muntajat will continue to deliver contractual obligations to its global clients. Muntajat integration came two months after QP absorbed petrochemical producer SEEF which runs a 100,000 tons/year LAB plant near QP's Mesaieed refinery.
