Muntajat and Total Sign Marketing Agency Agreement

Doha, Qatar December 15, 2016

Muntajat (Qatar Chemical and Petrochemical Marketing and Distribution Company Q.J.S.C.) signed its first international agency marketing agreement with Total. The signing ceremony took place at the K Trade Fair 2016 in Dusseldorf, Germany and was attended by senior representatives from Muntajat and Total.

Total produces a range of polymers including polyethylene, polypropylene, and polystyrene. With Polymers business unit offices based in Brussels, Belgium, Total also operates a research center in Feluy, Belgium, to pool catalyst expertise and develop new products.

The agreement was signed by Muntajat’s Chief Executive Officer, Abdulrahman Ali Al-Abdulla and Total’s Senior Vice President of the Polymers business unit, Xavier Bontemps. Starting from the 1^st of January 2017, Muntajat will market a range of specialty polymers in the Middle East. These products include 9 different grades of Metallocene Polyethylene and 12 grades of Polystyrene.

Speaking on the significance of this new agreement, Muntajat’s CEO, Al Abdulla said: “This agreement represents a key achievement for Muntajat and acts as a stepping stone for our future growth strategy. By introducing new products to our portfolio we are able to enrich our offerings and give our customers in the region the added value that they need. With this new collaboration with Total, we are able to strengthen our position in the global industry and move closer to our vision of becoming the world leader in the marketing and distribution of downstream products.”

Under the new agreement, Muntajat will act as the marketing agent for Polyethylene and Polystyrene in Saudi Arabia, Oman, Bahrain, Kuwait, United Arabic Emirates, Qatar and Jordan. Muntajat will also be the agent for Polyethylene in Egypt. The company plans to market its products through its network of international offices spread in the region.

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Commenting on the agreement, Total’s Senior Vice President of the Polymers business unit Xavier Bontemps said: “Total is very selective when choosing an agent as we are always seeking partners who mirror our commitment to excellence in service and best practices. We believe that Muntajat is the partner of choice for us and I am certain that they will help us increase our polymer reach in the region. “

This new agreement comes in alignment with Muntajat’s expansion and growth strategy as the company marks 4 years since its establishment. Founded in 2012, Muntajat has created a track record of achievements. From seamlessly transitioning the marketing activities of 12 producing companies to establishing a global marketing network and a network of storage facilities that services customers in more than 120 countries, Muntajat is committed to become a leader in the industry. The company is now focused on enriching its portfolio and expanding its reach to tap into new markets.

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About Muntajat (Qatar Chemical and Petrochemical Marketing and Distribution Company Q.J.S.C.)
Established in 2012, Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) Q.J.S.C. holds exclusive rights to purchase, market, distribute and sell Qatar’s production of chemical and petrochemical products on the global market.

Qatar exports 11 million tonnes per year of chemical, polymers and fertilisers, which are sold to customers in more than 120 countries.

Aligned with Qatar National Vision 2030’s aim to develop a competitive and diversified economy, Muntajat serves as a the gateway to the State of Qatar’s chemical, polymers and fertiliser exports by consolidating marketing and distribution efforts into a single entity to meet the needs of customers worldwide. For additional information, please visit the company website at www.muntajat.qa

About Total 
Total is a global integrated energy producer and provider, a leading international oil and gas company, and the world’s second-ranked solar energy operator with SunPower. Our 96,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits. total.com

In Qatar, Total has had a continued presence in the country for 80 years, being the only international oil company active in all areas of Qatar’s oil and gas sector, including production, refining, petrochemicals, and marketing of lubricants. Besides being operator of Al Khalij oil field, Total holds shares in Dolphin Energy, Qatargas, North Oil Company, Ras Laffan Refinery, as well as in QAPCO and Qatofin petrochemical plants. The company also runs a Research & Development Center in Doha (TRCQ).

© Press Release 2016