Qatar announces launch of a new company to market and distribute petrochemicals

Qatar has announced the launch of a new company - The Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat), to market and distribute petrochemicals as part of a US$25 bln investment in the industry up to 2020. Mandated by Emiri Decree, the inauguration of Muntajat creates a single corporation which holds exclusive rights to purchase, market, distribute and sell Qatar's production of chemical and petrochemical regulated products to the global market.
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