VOL. XLV

No 39

30-September-2002

QATAR

Atofina Acquires Enichems10% Share In QAPCO

TotalFinaElfannounced on 17 September that its chemicals branch, Atofina,had finalized the purchase of Enichems 10% share inQatar Petrochemical Company (QAPCO). The deal raises Atofinasinterest in QAPCO to 20%, leaving the former as the only outside partner in thefirm with the remaining 80% owned by Qatar Petroleum (QP). QAPCO is producing525,000 tons/year of ethylene used as feedstock for its 380,000 t/y...