Amid the rapidly growing demand for methanol in the region and across the globe, Qatar Fuel Additives Company (Qafac) will be holding the first-ever Middle East Methanol Forum (MEMF) in Doha on November 26.
Resource speakers at the forum will include senior executives from some of the region’s and the world’s top producers of methanol, along with strong support from the Methanol Institute.
Themed ‘Miracle energy on hand,’ the event is to held under the patronage of HE the Minister of Energy and Industry Dr Mohamed bin Saleh al-Sada. It will be attended by some of the world’s leading experts of Methanol.
“Methanol is a basic chemical molecule that touches our daily lives in so many various ways,” said Qafac CEO Nasser Jeham al-Kuwari.
Among the key topics to be discussed at the one-day forum are ‘Global methanol markets overview’ and ‘Making a case for oxygenates in the GCC,’ and ‘Analysing current and future opportunities.’
“As the basic component of paints, solvents and plastics, to innovative applications in energy, transportation fuel and fuel cells, methanol is a key commodity and an integral part of our global economy,” al-Kuwari noted.
He explained that methanol was one of the most versatile compounds developed and the basis for hundreds of chemicals and thousands of products. It is also the second ranked commodity in the world in terms of amount shipped and transported around the globe every year.
Al-Kuwari said the forum aimed to provide scientific experts, producers and end-users a platform to examine and deliberate the emerging trends in the methanol industry: methanol as a marine fuel and the global vision of Qatar and GCC countries with regard to petrochemical industries.
“Qafac deemed it imperative to hold this forum to enable every stakeholder to find better ways of efficiently and effectively producing and harnessing its capacity for the benefit of everyone,” he said.
Qafac is the leading producer and exporter of methanol and methyl tertiary butyl ether (MTBE) in Qatar.