QAFAC
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.
QAFAC was established in 1991 and commenced operations in 1999. It was a joint venture amongst Industries Qatar (IQ), OPIC Middle East Corporation (OPIC), International Octane LLC (IOL) and LCY Middle East Corp (LCY). This joint venture ended on June 9th 2024. QAFAC's shareholders are now QatarEnergy (50%) and Industries Qatar (50%) and is therefore 100% Qatari owned.
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.
Our Journey
Emiri decree issued establishing QAFAC as a company
1991
Basic Engineering Initiated (FDCI designed AEF MTBE and Celanese methanol plants in Edmonton)
1992
Chinese Petroleum Corporation and Lee Chang Yung Chemical Industry Corporation (LCY-CPC), both of Taiwan, became shareholders of QAFAC
1993
Project Licenser Agreement signed with Universal Oil Products (UOP) and Jacobs Engineering
1995
EPC contract awarded to Chiyoda
1997
Official Inauguration
1999
Signing Ceremony for Carbon Dioxide Recovery Plant
2012
Reaching 3 Million Man Hours without Lost-Time Accident (LTA)
2014
The Launching of Carbon Dioxide Recovery Plant
2015
Achieving 10 Million Safe Man Hours
2018
Successfully completed LTI free Turnaround
2019
Our Directors
leadership team
