VOL. XLIV

No. 16

16-April-2001

QATAR

QAPCOs 2000 Net Profit Up 13%

Figures released by the Qatar Petrochemical Company (QAPCO) on 2 April show that its net profit for 2000 stood at QR430mn ($118.1mn), compared with QR380mn ($104.4mn) the previous year, an increase of 13%. QAPCOs General Manager, Hamad al-Muhannadi, said the global petrochemicals market was gathering steam, particularly in Asia, and that the company expected further strong profit growth in the future. A statement in the February...