Qatar Fuel Additives Company (QAFAC)

Qatar Fuel Additives Company, popularly known as QAFAC, is an outcome of the Nation’s farsighted 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. Established in 1991, QAFAC is a joint venture between Industries Qatar, OPIC Middle East Corporation, International Octane LLC and LCY Middle East Corp. The Company commenced operations in 1999.

Sustainability News

QAFAC SUSTAINABILITY REPORT 2015

It is with great pride we present our fifth Sustainability Report, entitled, “Operating with Excellence”. The report aims to identify, understand and address the issues that are most important to our stakeholders. In this report we highlight our commitments, strategies and offer our insights related to sustainability at QAFAC. The report adheres to the Global Reporting Initiative (GRI) G4 reporting guidelines and achieved the GRI Materiality Disclosures Check.

We are determined to accomplish our strategic vision of becoming a world-class producer of Methanol and MTBE by 2020, which aims to see the Company’s performance excel in all areas related to its business. We actively work to contribute to the sustainable development of our country in alignment with the Qatar Energy and Industry Sector Sustainability (QEISS) program priorities, Qatar’s National Development Strategy 2011-2016, and the Qatar National Vision 2030.

With the first full year operation of our Carbon Dioxide Recovery plant, one of the world’s largest commercial-scale facility of its kind, we have not only reduced QAFAC’s greenhouse gas emissions, but simultaneously boosted our production of methanol. Production of MTBE has also increased by 29% relatively to the previous year, showing the second best year performance since 2006. We have marked yet another milestone in QAFAC’s exemplary track record of occupational health and safety performance by reaching over 7.5 million man-hours without a Lost Time Accident (LTA) among both our employees and contractors.

We invite you to explore our sustainability report to learn more about our sustainability approach, initiatives, accomplishments and challenges, and contribute with any of your feedback to continuously improving our sustainability performance.

Read the report here.

QAFAC

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