About Us
Qatar Fuel Additives Company, popularly known as QAFAC, is an outcome of the Nation's far-sighted strategic plan to diversify its petrochemical base and expand its downstream industries. The Company aims to optimize the utilization of the country's vast hydrocarbon resources through producing and exporting Methanol and MTBE.
Established in 1991, QAFAC is a joint venture between Industries Qatar, OPIC Middle East Corporation, International Octane LLC and LCY Middle East Corp. The Company commenced operations in 1999.
The QAFAC plant is designed to produce 982,350 TPA of Methanol and 610,000 TPA of MTBE. The Methanol plant design is based on ICI technology whereas MTBE design is based on UOP technology.
The site is an ‘L’ shaped block occupying some 65.5 hectares located in Mesaieed Industrial City, 50km, south of Doha.
Vision
QAFAC will continue to be a major producer of Methanol and MTBE as measured by profitability, operational performance, commitment and concern for our employees, the State of Qatar and the environment.
Mission
To produce and sell the highest quality Methanol and MTBE, using feedstock supplied by Qatar Petroleum, in a safe and environmentally conscientious manner for the betterment of the State of Qatar while maximizing shareholder value.
Values
QAFAC continues to refine its business processes, reduce operating costs and improve efficiencies through the development of and adherence to a system of values. These values are:
- Focus on quality
- Continued improvement of our processes and people
- Open and honest communication
- Utilizing our people to their fullest potential
- Team-based approach to problem solving
- Provide employment opportunities for the people of Qatar
- Comprehensive planning
