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04/07/2025 08:59 AST
Mesaieed Petrochemical Holding Company (MPHC) is pleased to announce a significant update following our previous announcement on 23rd September 2024. The parties has reached a mutual agreement for the exit of the Turkish partner "Atlas" from the Memorandum of Understanding ("MoU") concerning the development and operation of a state-of-the-art salt production facility.
The innovative salt production facility will now be established through a new joint venture ownership structure: Mesaieed Petrochemical Holding Company (MPHC): 60% equity stake, Qatar Industrial Manufacturing Co (QIMC): 40% equity stake
This restructuring marks a pivotal step in advancing the project, ensuring streamlined operations and enhanced collaboration between the remaining partners. The facility aims to leverage cutting-edge technology to meet growing demand and contribute to Qatar's industrial diversification efforts. QAPCO remains the project development manager, providing all project-related support.
Further details regarding the project will be disclosed in due course, upon reaching the (FID) stage.
The Peninsula
07/03/2018
Mesaieed Petrochemical Holding Company is embarking on a "selective capital expenditure programme" to maintain competitiveness in the market, it was announced yesterday during MPHC's annual general m
Gulf Times
15/02/2018
Mesaieed Petrochemical Holding Company (MPHC), a subsidiary of Qatar Petroleum and one of the region's premier diversified petrochemical conglomerates, registered a robust net profit of QR1.1bn for t
The Peninsula
30/10/2017
Mesaieed Petrochemical Holding Company (MPHC), a subsidiary of Qatar Petroleum and one of the region's premier diversified petrochemical conglomerates, posted a net profit of QR805.9m for the nine mo
The Peninsula
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 9.39 | 0.03 (0.32 |
| IQCD | 12.06 | -0.03 (-0.25 |
| MODON | 3.40 | 0.03 (0.89 |
| ADNOCLS | 5.75 | 0.05 (0.87 |
| ADPORTS | 4.49 | -0.01 (-0.23 |
26/01/2026
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Asharq Al Awsat
26/01/2026
Oman Arab Bank (OAB) on Sunday officially launched its new SME growth initiative, Tumouhi 2026, during a press conference, marking a significant milestone in the bank's long-term commitment to empowe
Muscat Daily
26/01/2026
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The Peninsula
26/01/2026
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Trade Arabia
26/01/2026
Kuwait Airways has announced the launch of new destinations for its 2026 summer season, including Alexandria, Zurich, Mykonos, Malaga, Sharm El Sheikh, Salalah, Antalya, Trabzon, Sarajevo, Vienna, an
Trade Arabia
Financial Information Co.
Saudi Arabia