Industries Qatar - Company Profile
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Business Description
Industries Qatar (IQ), a subsidiary of QatarEnergy, produces fertilizers, petrochemicals, and steel products. It markets, distributes, and sells its petrochemicals and fertilizer products to Qatar Chemical and Petrochemical Marketing and Distribution Co.
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Business Segments
Overview
Operates through its joint venture Qatar Fertiliser Co (QAFCO). Products include ammonia, urea, melamine, and formaldehyde condensates. The segment's strategy aims to operate its assets safely and efficiently and adhere to environmentally friendly practices for the production of high-quality nitrogen fertilizers. The segment's seven-pillar strategy includes excel, grow, diversify, excellence, safety, integrity, and teamwork.
Performance
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Overview
Operates through joint ventures; Qatar Petrochemical Co Ltd (QAPCO) and Qatar Fuel Additives Co Ltd (QAFAC). Products include ethylene, low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), methanol, methyl-tertiary-butyl-ether (MTBE), caustic soda, vinyl chloride monomer (VCM), sulfur, pyrolysis gasoline, and mixed LPG. The segment's strategy focuses on optimizing asset utilization, enhancing the regulatory environment, and optimizing plant reliability and availability.
Performance
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Overview
Operates through Qatar Steel Co FZE; Qatar Steel Industrial Investment Co SPC; and Al Qataria for Production of Reinforcing Steel WLL. Its associates include Foulath Holding BSC; Qatar Metals Coating Co WLL; and SOLB Steel Co. Products include direct reduced iron (DRI); hot briquetted iron (HBI); steel billets; re-bars; and steel coils. The segment's strategy is to focus on the domestic market.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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