CHEMICALS IN QATAR: TAKING A STEP BACK

| February 25, 2016

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Energy is power, and Qatar’s power comes from its abundance of cheap energy through its natural gas reserves. Qatar attained the title of the largest global exporter of liquefied natural gas (LNG) through the diligent efforts of its government to develop the industry through the necessary infrastructure, capital investments, and foreign partnerships for the export market. Having established a world-class LNG export industry and local feedstock system, Qatar has begun to diversify its rich economy by looking toward the downstream sector and has taken significant steps toward developing its industrial base, including chemicals and petrochemicals. Qatar Petroleum (QP), the national oil and gas company that owns a stake in nearly all the major chemical projects in the country has long sought to be a worldwide player, but the country needed the expertise and systems from abroad to achieve the highest international standards within the designated industrial areas.

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Sika

Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and the motor vehicle industry. Sika has subsidiaries in 97 countries around the world and manufactures in over 160 factories. Its more than 17,000 employees generate annual sales of CHF 5.5 billion.

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Spotlight

Sika

Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and the motor vehicle industry. Sika has subsidiaries in 97 countries around the world and manufactures in over 160 factories. Its more than 17,000 employees generate annual sales of CHF 5.5 billion.

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