QAFAC was formed for the construction and operation of a methanol and MTBE production facility.
History
QAFAC was incorporated in 1991 by way of Emiri Decree No. 20.
Mode of Finance
QAFAC is owned by IQ [50%], OPIC Middle East Corporation owning [20%], International Octane Limited [15%] and LCY Middle East Corporation [15%].
(last updated: 28-December-2009)
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