Qatar Fuel Additives Company (QAFAC)
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 Qatar Fuel Additives Company (QAFAC) was established as a Qatari joint stock company to build, own and operate facilities at Mesaieed in Qatar for the production of methanol and methyl tertiary butyl ether (MTBE) for sale to customers worldwide.
QAFAC shareholders are Industries Qatar (IQ) (50%), Chinese Petroleum Corporation (CPC) 20%, Lee Chang Yung Chemical Industry Corporation (LCYCIC) 15% and International Octane Limited 15%.
QAFAC plant is designed to produce 832,500 TPA of methanol and 610,000 TPA of MTBE. Methanol production for the year 2003 was 772,774 MT and MTBE production was 571869 MT.
 During the year 2003, the major exports of methanol were made to Far East, India, Europe and Arabian Gulf. The quantity was 563,758 MT. The MTBE was exported to west coast US, Europe, Middle East and the Arabian Gulf. The quantity was 584,430 MT.
A total of 75 vessels of various parcel sizes were safely loaded and sailed out of QAFAC’s dedicated berth for MTBE and methanol, during 2003.
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