Mr. Abdulaziz Jassim Mohd Al-Muftah
Chairman, IQMore Info
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.
Be an International producer of Methanol, its high value derivatives, and Butane sub-products, in a safe and environmentally friendly manner, contributing to the economic development of Qatar, maximising shareholders’ value
Having a highly experienced and engaged team with up to date systems
Aiming to increase the revenues by seeking expansion opportunities
Contributing to add value to the country
Excelling at producing efficiently high-quality products