Mesaieed Petrochemical Holding Company (MPHC) - 55.2%
MPHC is a Qatar Petroleum group company which holds most of Qatar Petroleum's interests in three well-established and highly profitable petrochemical companies:
Qatar Chemical Company Ltd ("QChem I")
Qatar Chemical Company II Ltd ("QChem II")
Qatar Vinyl Company Ltd (QVC) Q.S.C. ("QVC").
The combination of these three successful operating ventures under MPHC creates a leading integrated producer and exporter of petrochemicals, with world-class production facilities in Qatar.
MPHC benefits from significant competitive advantages. They include reliable and competitive feedstock supply, low energy costs, an excellent strategic location, a global and diverse customer base, and highly efficient and integrated operations.
MPHC will be another Qatar national champion, in this case in one of the world's most attractive industries. Petrochemicals provide the raw materials for a large range of industrial and household products. They are the building blocks of a modern, sophisticated economy.
MPHC's attractive growth and dividend profile creates a solid platform that can evolve and take part in future petrochemical development projects.
Qatar Petrochemical Company (QAPCO) - 31.9%
Qatar Petrochemical Company, established in 1974, has over the years grown to be recognized as one of the Middle East’s largest producers of Low Density Polyethylene (LDPE) and one of the leading producers of quality Ethylene. The company is jointly owned by Industries Qatar (80%) and Total Petrochemicals of France (20%). QAPCO commenced commercial production in 1981 and has today earned an international reputation as a reliable and qualified source of LDPE, Ethylene and Sulphur. Two LDPE plants with a combined annual capacity of 360,000 MT, an ethylene plant with a design capacity of 720,000 MT and a sulphur plant with an annual capacity of 70,000 MT form the core of QAPCO’s production facilities
Qatar Petroleum (QP) - 12.9%
QP (formally QGPC), which was established in July 1974 as a wholly-owned corporation by the State of Qatar, is responsible for developing and distributing the country’s oil & gas reservoirs and promoting downstream industries in the State. QP’s interests cover exploration and drilling, production, refining, transportation and storage and extend to derivatives and by-products. It acts as the major hub for all oil, gas and petrochemical activities in the State. QP’s varied administrative and production activities are carried out onshore in Doha, Dukhan, Mesaieed and Ras Laffan. Its offshore facilities include a number of offshore drilling platforms and production stations in addition to the major storage and export facilities on Halul Island.