Qatar Petroleum says QAPCO to operate QVC
Qatar gas plant
Doha - Arab Today
Qatar Petrochemical Company (QAPCO) will operate the activities of Qatar Vinyl Company (QVC) through a service agreement by the end of the year, Qatar Petroleum (QP) said on Sunday.
QVC is part of Mesaieed Petrochemical and QAPCO is a unit of Industries Qatar.
QP, the parent company of Mesaieed Petrochemical and Industries Qatar, said the process would start next month.
“The integration will not result in any change to the shareholder ownership,” QP said, adding that a single entity would be created to operate the assets on behalf of both companies’ shareholders.
“The integration will reduce operating costs and enhance the profitability of both companies,” the statement quoted QP CEO Saad Sherida Al-Kaabi as saying.
State-owned QP said last year it would cede control of parts of the industrial city of Mesaieed in 2017.
Source : Al Arabiya
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 03:07 2017 Saturday ,30 September
Facebook helps UAE resident reunite with brother
GMT 22:07 2017 Monday ,25 September
Serena focused on tennis comeback
GMT 14:03 2017 Sunday ,24 December
Hurting Madrid refuse to throw in the towel - Zidane
GMT 01:59 2015 Tuesday ,09 June
American Airlines employee passes as Severus Snape
GMT 06:27 2015 Friday ,31 July
I was paternal, it workedGMT 11:55 2011 Friday ,10 June
Nokia names Tirri as new technology chief
GMT 22:34 2017 Saturday ,03 June
When low-tech is actually better
GMT 07:48 2017 Saturday ,21 January
5 yr old Palestinian girl injured by Israeli army fire in Gaza
GMT 07:14 2013 Friday ,04 October
Spas move into wellness arena
GMT 08:00 2016 Wednesday ,07 December
Probe finds coalition 'mistake'
GMT 06:12 2018 Tuesday ,23 January
Instagram, Google+ join EU group
GMT 14:56 2017 Monday ,06 March
China vows blue skies
GMT 11:59 2017 Thursday ,26 October
Lobna underlined importance of coral stone
GMT 08:14 2017 Tuesday ,29 August
Japan's 'iron lady' Date to quit game at 46
GMT 01:17 2016 Tuesday ,14 June
McDonald's moves into Oprah's old home
GMT 19:33 2011 Sunday ,30 October
Al Futtaim Honda makes up for delivery disruptions
GMT 20:38 2016 Tuesday ,15 November
More violence in Syria as 23 killed
GMT 13:20 2013 Thursday ,14 November
Power of poison will be on display in New York\'s Museum
GMT 15:19 2014 Monday ,04 August
McLaren to showcase P1 GTR concept at US eventGMT 02:47 2012 Thursday ,25 October
Cairo International Film Festival celebrates African cinemaGMT 12:37 2012 Wednesday ,15 February
Kuwait Int\'\'l Fair host 2012 Outlet ExhibitionGMT 21:49 2011 Friday ,25 November
Lekhwiya still top despite stalemateGMT 11:06 2012 Monday ,25 June
Libya: crude production increases amid chaos
GMT 02:17 2015 Tuesday ,28 April
Qatar's PM meets GCC interior undersecretariesGMT 07:16 2013 Thursday ,24 January
Women smokers face greater health risks
GMT 10:36 2016 Friday ,19 February
Bayern eye club record at home to Darmstadt
GMT 13:30 2014 Monday ,14 July
Death toll in Baghdad brothel raid rises to 31
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor