German firm awarded US$38mln deal by Qatofin

Petrochemical consortium, Qatofin has awarded a contract for the construction and operation of a dedicated logistics terminal worth QR140 mln (US$38 mln) in Mesaieed Industrial City (MIC), to German firm Talke Logistic Services. The deal includes completing construction work of an onsite silo logistics centre by the end of this year and operation of the facility on behalf of Qatofin for 15 years. With the evolution of the petrochemical industry, customers expect outstanding quality services alongside quality products. Qatofin has spared no efforts to develop a strategic partnership with Talke to secure logistics solutions that match the company's pursuit for customer satisfaction. The Qatofin logistics terminal will be one of the largest and ultra modern of its kind in the GCC. Occupying a total area of 100,000 sq.m, 56,000 sq.m of covered warehouse for packaged products, 12 silos of 1,100 cubic meters each for bulk storage, two fully automated packaging lines and container handling area, the terminal will cater for a total production ranging from 450,000 to 600,000 metric tpa when operation gets underway. The project will be completed on time for Qatofin will start production of low linear density polyethylene (LLDPE) in Q1-2009 in its new facility being built in Mesaieed.
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