Qatar Vinyl Company (QVC) is on track to commission Qatar’s inaugural polyvinyl chloride (PVC) plant in Mesaieed by September 2025, ushering in a new chapter in the country’s industrial diversification and expanding its presence in global vinyl markets. The new facility, with a nameplate capacity of 350,000 t/yr, will integrate seamlessly with QVC’s existing infrastructure in Mesaieed, which includes 355,000 t/yr VCM, 180,000 t/yr EDC, and 370,000 t/yr caustic soda production units.
Originally announced in April 2022 and approved in October of the same year, the project is backed by a multi-party joint-venture structure. QVC is currently held by Mesaieed Petrochemical Holding Co. (MPHC) at 55.2%, Qatar Petrochemical Company (QAPCO, an Industries Qatar subsidiary) at 31.9%, and QatarEnergy with a 12.9% stake. Under a restructuring plan, Industries Qatar is anticipated to acquire QatarEnergy’s 12.9% stake by May 2026, increasing its direct interest in QVC to 44.8%.
Strategically, output from the new PVC plant will predominantly target export destinations, with Europe positioned as a leading off‑take region. As global buyers seek to diversify supply sources, Qatar’s domestically produced PVC is expected to emerge as a credible alternative.
The Mesaieed facility – Qatar’s first dedicated PVC producer, is engineered to reinforce local value chain integration and meet escalating demand in regional construction and manufacturing sectors. The project’s funding, estimated at USD 239 million, was shared between MPHC (55.2%) and Industries Qatar (44.8%), under a recently ratified principles agreement.
Overall, the plant’s on-schedule start-up reflects Qatar’s strategic pursuit of broadened downstream petrochemicals activity, with implications for regional trade flows, supply chain optimization, and foreign investment. Market participants should monitor QVC’s operational ramp-up and evolving export patterns, particularly into Europe, where the new PVC volumes may shift contractual dynamics and strengthen Qatar’s standing in the vinyl resin market.
