QATAR —Integrated Logistics Company Qatar, a subsidiary of Kuwait-based Integrated Holding Company, has formed a joint venture with Netherlands-based De Rijke Europe B.V. to secure a major supply chain contract from Qatar Petrochemical Company (QAPCO). The agreement, valued at QAR 619 million, covers the end-to-end provision of logistics and supply chain services to support petrochemical operations in the region.
Under the terms of the ten-year deal scheduled to begin on January 1, 2027, the joint venture structure allocates a 70 percent stake to Integrated Logistics Company Qatar, with De Rijke Europe holding the remaining 30 percent interest. The operational implementation will significantly expand the company's regional footprint while ensuring long-term recurring revenue streams that will directly enhance overall financial performance once activities commence.
This partnership highlights the growing operational reliance on specialized third-party logistics providers across the Middle Eastern petrochemical sector. As industrial hubs across the Gulf Cooperation Council expand production capacities, downstream operators are increasingly leveraging joint expertise between regional players and international logistics heavyweights to optimize distribution networks, maintain regulatory compliance, and reduce supply chain bottlenecks.
For Integrated Holding Company and its partners, winning this long-term contract reinforces their position as trusted logistics infrastructure partners for energy and chemical majors. Investors stand to benefit from enhanced income visibility, while downstream stakeholders gain improved operational resilience across essential petrochemical export channels.
