All MPHC Products Marketed By Muntajat

Muntajat commenced the purchasing, marketing, distributing and selling products

January 4, 2015

Mesaieed Petrochemical Holding Company issued a statement confirming the progressive assumption by Muntajat of the marketing, distribution and sale activities for all of Q-Chem and Q-Chem II’s products.

In accordance with Decree Law (11) of 2012, Qatar Chemical and Petrochemical Marketing and Distribution Company QJSC has the exclusive right to purchase and sell the State of Qatar’s production of chemical and petrochemical regulated products to the global market. As per a Ministerial Directive issued on April 13, 2014, high density polyethylene (“HDPE”), medium density polyethylene (“MDPE”), normal alpha olefins (“NAO”), 1-Hexene, 1-Octene, 1-Butene, ethylene and pygas were designated as regulated products. The group’s remaining products, namely, caustic soda solution, ethylene dichloride (“EDC”), vinyl chloride monomer (“VCM”) and hydrochloric acid (“HCl”), were designated as regulated products prior to the incorporation of MPHC on May 29, 2013.

Muntajat commenced the purchasing, marketing, distributing and selling of Qatar Vinyl Company’s chlor-alkali products prior to the incorporation of MPHC, while the commencement dates for the purchasing, marketing, distributing and selling of Q-Chem and Q-Chem II’s products are as follows:

Pyrolysis Gas (Pygas) and Ethylene                                   December 15, 2014

HDPE and MDPE