VOL. XXXVIII

NO. 20

13-FEBRUARY-1995

Qatar

QAPCO Announces Net Profit Of Over $68Mn In 1994

The Qatar PetrochemicalCompany (QAPCO) - the joint venture owned 80% by the Qatar General PetroleumCorporation (QGPC) and 10% each by France's Elf Atochem and Italy's Enichem -has announced that its net profits in 1994 increased to $68.68mn from $49.45mnin the previous year. According to a statement by the company's General Manager,Mr. Hamad Rashid al-Muhannadi, QAPCO in 1994 produced 360,000 tons of...