MPHC Chairman Hails Strong 2025 Profit Despite Global Headwinds

Mesaieed Petrochemical Holding Company (MPHC) Chairman Ahmad Saif Al Sulaiti highlighted the challenges faced by the global petrochemical sector in 2025 and reaffirming MPHC’s commitment to operational excellence, safety, and shareholder value while addressing shareholders at the company’s Annual General Assembly meeting in Doha on Sunday.

In his opening address, Al Sulaiti noted that 2025 was a difficult year for the global petrochemical industry, marked by excess production capacity, weak global demand, and growing sustainability requirements.

“Post-pandemic investment surges resulted in lower operating rates and compressed profit margins, forcing asset closures and accelerating consolidation across the sector.

 These pressures were compounded by regulatory uncertainties and price volatility amid a slow global economic recovery,” he said.

Against this backdrop, he said, MPHC’s performance was affected by declining commodity prices across several segments of its investment portfolio, reflecting subdued market demand.

Financial results for 2025 mirrored these headwinds, as macroeconomic pressures, external market challenges, and planned maintenance shutdowns in the petrochemical segment collectively led to lower profitability levels.

Despite these challenges, the chairman said, MPHC recorded a net profit of QR 533 million in 2025, with earnings per share of QR 0.042. In view of prevailing market conditions, the company’s capital expenditure plans, and operational requirements, the board of directors recommended the distribution of cash dividends of QR0.016 per share for the second half of 2025, bringing total annual dividends to QR0.042 per share, representing a 100 percent payout of net profit for the year.

On health, safety, and environmental (HSE) performance, Al Sulaiti highlighted notable achievements during the year, including the attainment of several international certifications and the strengthening of operational safety measures across all operations.

He reaffirmed the company’s continued commitment to enhancing health and safety standards, product quality, and employee well-being, in line with the highest international benchmarks, to ensure safe and reliable operations.

In his closing remarks, the chairman expressed deep appreciation to His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, for his leadership and continuous support for the downstream and industrial sectors. He also thanked QatarEnergy and its leadership for their ongoing support of MPHC and its joint ventures.

Al Sulaiti further conveyed his gratitude to MPHC’s shareholders and commended the executive management team and employees for their dedication and efforts.